Utair (Russia) has announced a significant organizational restructuring following shareholder approval for a merger with TS Technic (Russia). The decision marks a strategic move to consolidate operations and streamline services, particularly in maintenance and technical support. The merger, formally approved by Utair shareholders, is expected to provide operational synergies and cost efficiencies. TS Technic, a key player…
Magnetic Engineering (Estonia) has achieved a significant milestone by receiving approval to issue Permits to Fly. This development enhances the company’s capability to support its clients in obtaining permits for aircraft that lack a valid Airworthiness Review Certificate (ARC) but are safe to operate under predefined conditions.
Lufthansa Technik (Germany) has announced plans to invest significantly in a new facility near Porto, Portugal, as part of its global expansion strategy. The project, slated for completion by the end of 2027, underscores Lufthansa Technik’s commitment to enhancing its maintenance, repair, and overhaul (MRO) capabilities in Europe.
Magnetic Line (Netherlands) has announced the appointment of Steven Williams as its new Managing Director, effective November 2024. Williams will assume leadership responsibilities, guiding the company’s operations and strategic direction.
Heston Materials, a leading aviation materials provider based in Lithuania, has entered into a new agreement with Lufthansa Technik, a renowned German MRO (Maintenance, Repair, and Overhaul) provider. This strengthened collaboration between the two companies aims to enhance their combined capabilities in delivering comprehensive MRO services to airlines and aviation operators worldwide. Through this partnership,…
United Nigeria Airlines has entered into a Memorandum of Understanding (MOU) with Cronos Aviation, a Canadian aviation services provider, to establish a new Maintenance, Repair, and Overhaul (MRO) facility in Nigeria. This partnership aims to address the growing demand for aircraft maintenance services within Nigeria and the surrounding region, reducing reliance on foreign MRO facilities…
