Asia Digital Engineering (ADE), the maintenance, repair, and overhaul (MRO) subsidiary of Capital A (formerly AirAsia Group), has achieved a significant milestone by securing Maintenance Organization Approval from EASA(European Union Aviation Safety Agency) and a Repair Station Certificate from the FAA (Federal Aviation Administration). These dual recognitions mark a major step in ADE’s strategic push to become a…
StandardAero, a major US-based MRO and aerospace services provider, has announced the pricing of an underwritten public offering of 30 million shares of its common stock. The shares, priced at $28.00 each, are being offered by two of the company’s current stockholders and not by StandardAero itself.
SIA Engineering, a leading MRO provider based in Singapore, has entered into new Comprehensive Services Agreements with its long-standing partners Singapore Airlines and its low-cost subsidiary Scoot. The agreements have a term of up to three years, superseding the previous arrangements between the parties.
StandardAero, a U.S.-based MRO services provider, has expanded its engine service portfolio by introducing lease engine support for both LEAP-1A and LEAP-1B models. The company has already contracted multiple engines and is making them available on short-term lease arrangements to serve the needs of the global LEAP operator community.
Western Global Airlines (WGA) has officially inaugurated a base maintenance facility at Arkansas International Airport, marking a significant investment in expanding its in-house maintenance, repair, and overhaul (MRO)operations. This development represents a key strategic step toward enhancing the airline’s operational efficiency and self-sufficiency.
SIA Engineering Group, a leading Singapore-based MRO provider, has reported a significant increase in both revenue and profitability for the fiscal year 2024. The company achieved revenue of US$955 million, representing a 13.8% year-on-year increase, while net profit surged 43.8% to reach $107.1 million. These results signal a strong recovery trajectory following several years of pandemic-related disruptions.
Lufthansa Technik Services India has announced the appointment of Marcel Pastuska as its new Chief Executive Officer (CEO). The leadership transition marks a strategic step in the company’s continued growth within the Indian aviation maintenance market.
TP Aerospace, a Denmark-based wheel and brake specialist, has entered into a new Land For Less Program agreement with SolitAir, an airline based in the United Arab Emirates. The deal covers support for SolitAir’s current and expanding fleet of Boeing 737NG aircraft, reinforcing TP Aerospace’s growing presence in the Middle East market.
Lufthansa Technik reported a 49.5% increase in adjusted EBIT to US$183 million during the first quarter of 2025, supported by a robust 18.4% growth in revenue to US$2.2 billion. The results reflect sustained recovery in global MRO (maintenance, repair, and overhaul) demand.
Lion Air, one of Indonesia’s largest low-cost carriers, has selected StandardAero, a leading independent MRO provider, to deliver maintenance, repair, and overhaul (MRO) services for its CFM56-7B engine fleet. These engines power the airline’s large fleet of Boeing 737 Next Generation aircraft.
