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HAECO and Liebherr Sign COMAC C919/C929 MRO Agreement

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HAECO, one of the leading independent aircraft maintenance, repair, and overhaul (MRO) service providers in the Asia-Pacific region, has entered into a significant partnership with Liebherr-Aerospace, a global leader in aircraft system component manufacturing and support. The two companies have signed a component maintenance agreement aimed at supporting the COMAC C919 and C929 aircraft programs, marking a key step in…

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AirExplore Signs PBH Maintenance Deal With FL Technics

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AirExplore, the largest airline in Slovakia, has entered into a long-term Power-By-The-Hour (PBH) maintenance agreement with FL Technics Wheels & Brakes to support the landing gear components of its expanding Boeing 737-800 fleet. This strategic move comes as AirExplore scales up its operations, increasing its fleet size from 9 to 16 aircraft in 2024.

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SIA Engineering Revenue Surges 33% on Strong MRO Demand

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SIA Engineering, a leading provider of aircraft maintenance, repair, and overhaul (MRO) services, has posted strong financial results for the first quarter of its 2024/2025 fiscal year, buoyed by rising global demand for aviation support services. The company reported a 33.4% increase in revenue, reaching S$358.4 million (US$265.2 million), compared to the same quarter last year.

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Chorus Aviation Acquires Elisen & Associates

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Chorus Aviation has signed an agreement to acquire Elisen & Associates, a Montreal-based engineering and certification firm known for its work on A220 aircraft as well as Bombardier, Gulfstream, and Learjet special mission platforms. The acquisition aims to enhance Chorus’s competencies in defense contracting, specialized MRO, and aerospace engineering, while expanding its footprint within the heart of Montreal’s aerospace ecosystem.

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GetJet Aviation Holdings Reports €25.4M Profit Amid Strategic Expansion

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GetJet Aviation Holdings, an integrated aviation services group based in Vilnius, Lithuania, has reported a strong net profit of €25.4 million for the 2024 fiscal year, supported by rapid expansion across key business segments including ACMI leasing, aircraft maintenance (MRO), asset management, and component trading. The group recorded total revenues of €184.3 million, confirming its status as one of the most profitable aviation service…

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Magnetic Line To Maintain Oman Air’s B787-9 At Schiphol

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Magnetic Line, a Netherlands-based MRO services provider and part of Magnetic Group, has entered into a two-year line maintenance agreement with Oman Air. The contract covers support for the airline’s Boeing 787-9 Dreamliner operations powered by GEnx engines, based out of Amsterdam Schiphol Airport, effective from 01 July 2025.

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Lufthansa Technik, Air Canada Extend MRO Agreements

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Lufthansa Technik, a global leader in aircraft maintenance and engineering services, and Air Canada have further strengthened their partnership by extending multiple exclusive maintenance agreements. The renewed contracts cover engine maintenance services for the CFM56-5B, and Total Component Support (TCS) for Boeing 777 and Boeing 737 MAX aircraft.

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AirExplore Partners With FL Technics For Wheel And Brake MRO

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AirExplore, a Slovakian charter and ACMI airline, has entered into a maintenance services agreement with FL Technics Wheels & Brakes, a division of FL Technics based in Lithuania. Under this cooperation, FL Technics will be responsible for providing wheel and brake component maintenance for AirExplore’s fleet.

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Magnetic Group Forecasts Shop Visit Trends For CFM56 By 2027

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Magnetic Group, an Estonian aviation services provider, has released a forecast projecting that hospital shop visits for CFM56 engines will reach parity with core performance restoration (CPR) events by the end of 2027. The shift reflects changing maintenance patterns and aging fleet dynamics within the global narrowbody engine market.