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.
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Lufthansa Technik, the Germany-based MRO leader, has announced a strategic expansion of its aftermarket business by broadening the direct sale of used serviceable aircraft parts to airlines and operators, moving beyond its traditional surplus parts sales model. The initiative aims to improve part availability, lower operator costs, and meet rising demand for cost-effective MRO solutions.
Avation PLC, a commercial passenger aircraft leasing company based in Singapore, has successfully completed the acquisition of an Airbus A320 aircraft. This aircraft, built in 2013, is on a long-term lease to Etihad Airways, the national airline of the UAE, with the lease agreement extending until October 2031.
Scoot, the low-cost subsidiary of Singapore Airlines, is set to expand its network with new routes from Singapore to Padang (Indonesia), Phu Quoc (Vietnam), and Shantou (China) starting in December 2024 and January 2025. This expansion reflects Scoot’s commitment to meeting the growing demand for travel in the region and offering more direct flight options to popular leisure destinations in Asia. The new routes cater to…
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.
MTU Maintenance Zhuhai (China) has entered into a maintenance, repair, and overhaul (MRO) agreement with All Nippon Airways (ANA) (Japan) for the CFM56-7B engines that power its fleet of 47 Boeing 737 Next Generation aircraft. The partnership further strengthens MTU’s presence in the Asian aviation market, reinforcing its expertise in engine MRO services.
MTU Maintenance Zhuhai Jinwan (China) has officially launched operations, marking a significant expansion of MTU’s global MRO capabilities. The facility specializes in Pratt & Whitney PW1100G-JM engine maintenance, supporting the growing demand for GTF (Geared Turbofan) engine services.
