Financial | MRO

StandardAero Reports 13.2% Revenue Growth in Q3 2024

ByAdmin 15/11/202419/11/2024

StandardAero, a leading aerospace maintenance and repair organization (MRO) based in the US, has reported a 13.2% year-over-year increase in revenue for the third quarter (Q3) of 2024, reaching $1.24 billion. The company also posted a net income of $16.4 million, reflecting its ability to sustain profitability while managing operational growth. Capital expenditures (CapEx) during the quarter amounted to $25.3 million, while cash reserves were reported at $51.2 million, highlighting StandardAero’s focus on strategic investments and maintaining financial stability.

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CFM International | Corporation | Maintenance | MRO

ST Engineering Secures MRO Contracts for CFM56-7B and LEAP-1A Engines with Middle Eastern Operators

ByAdmin 11/02/202514/02/2025

ST Engineering‘s Commercial Aerospace division has announced the acquisition of Maintenance, Repair, and Overhaul (MRO) contracts for CFM56-7B and LEAP-1A engines from two prominent Middle Eastern airlines.

Corporation | Financial

Spirit AeroSystems Posts 2% Revenue Increase in 3Q 2024

ByAdmin 06/11/202408/11/2024

Spirit AeroSystems, a leading U.S.-based aerospace manufacturer specializing in aerostructures, has reported a modest 2% increase in revenues for the third quarter of 2024, totaling $1.47 billion. This growth comes amid ongoing challenges in the aerospace sector, highlighting the company’s resilience and demand for its components, especially in commercial aviation. However, Spirit AeroSystems also reported…

Airlines | Financial | Low Cost Carrier

Breeze Airways Achieves First Operating Profit in Q4 2024

ByAdmin 23/01/202529/01/2025

Breeze Airways, a U.S.-based low-cost carrier, has reported its first-ever full quarter of operating profit in Q4 2024, marking a significant milestone in its growth trajectory. The airline generated over $200 million in revenue for the quarter, achieving an operating margin exceeding 4%.

MRO

Fokker Services Modernizes Schiphol MRO Facility

ByAdmin 11/04/202514/04/2025

Fokker Services Group has finalized a significant modernization project at its component testing, repair, and overhaul facility located at Amsterdam Schiphol Airport in the Netherlands. The upgrade is a major step in expanding the group’s Maintenance, Repair, and Overhaul (MRO) capabilities and enhancing service efficiency for a wide range of aviation components.

Airlines | Financial | Low Cost Carrier

easyJet Issues $5 Billion Euro Medium Term Note Program

ByAdmin 18/02/202519/02/2025

easyJet (UK) and easyJet FinCo (Netherlands) have issued a prospectus for a $5 billion Euro Medium Term Note (EMTN) Program, reinforcing their strategic financing initiatives to support future growth, fleet investments, and operational resilience.

Airlines | Crisis | Financial

Nok Air Delisted from Thai Stock Exchange After 11 Years

ByAdmin 27/01/202529/01/2025

Nok Air, a low-cost carrier based in Thailand, was officially delisted from the Thai Stock Exchange on January 9, 2025, marking the end of its 11-year presence as a publicly traded company. The delisting is part of the airline’s ongoing efforts to navigate through a challenging rehabilitation process.

CFM International | Corporation | Maintenance | MRO

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