Airinmar, a subsidiary of AAR CORP. (NYSE: AIR), has secured a multi-year support services agreement with Malaysia Airlines to deliver specialized aircraft warranty management and value engineering services. The new partnership will focus on maximizing warranty recovery, reducing component repair expenses, and driving down the overall cost of maintenance across Malaysia Airlines’ diverse fleet.
Airinmar, a subsidiary of AAR CORP., has signed a multi-year extension of its aircraft warranty management and value engineering services agreement with Cebu Pacific, one of Asia’s fastest-growing low-cost carriers. The deal continues a collaboration that began in 2022 and underscores the importance of cost optimization and efficiency in fleet management.
GetJet Airlines, a leading ACMI service provider based in Lithuania, has announced the acquisition of a long-term land lease at Vilnius International Airport (VNO) through an auction organized by Lithuanian Airports. The airline has obtained the rights to develop a 4,664-square-meter plot for a period of 40 years, where it plans to construct a state-of-the-art Maintenance, Repair,…
RwandAir has secured a wet lease agreement for an Airbus A330-200, serial 493, from GullivAir (Bulgaria) to cover operational needs through April 2025. This temporary lease arrangement comes as RwandAir’s own A330-200s undergo scheduled maintenance, ensuring uninterrupted long-haul services for the airline.
Vietjet (Vietnam) and Satair (Denmark) have entered into a multi-year partnership for Satair’s Integrated Material Services (IMS), covering spare parts and material support for Vietjet’s entire Airbus A320 and A330 fleet. This collaboration will enhance fleet reliability, maintenance efficiency, and operational cost management for the airline.
Brussels Airlines has entered into a wet-lease agreement with Air Europa, enlisting a Boeing 787-9 Dreamliner to service its Brussels to New York JFK route. This arrangement commenced on February 22, 2025, and is set to continue while several of Brussels Airlines’ Airbus A330 aircraft are undergoing maintenance.
Satair (Denmark) has entered into a multi-year agreement with Vietjet (Vietnam) to provide Integrated Material Services (IMS) for the airline’s Airbus A320 and A330 fleet. This partnership strengthens Vietjet’s supply chain and ensures optimized maintenance operations.
Air New Zealand reported a 2.1% reduction in capacity for October 2024 compared to the same period last year, attributing the decline to maintenance requirements, parts shortages, and an ongoing cabin upgrade program.
El Al, Israel’s national carrier, has announced the purchase of a Boeing 777 fuselage to bolster its spare engine availability. The acquisition, valued at $7.3 million, was made from a foreign company as part of the airline’s ongoing efforts to ensure operational reliability and efficiency.
easyJet, a leading UK-based low-cost airline, has recently signed a three-year extension to its existing maintenance contract with Lufthansa Technik Milan. This renewed agreement covers recurring light base maintenance checks for easyJet’s A320 family fleet. The collaboration ensures that easyJet’s fleet receives regular, high-quality maintenance services, supporting its operational reliability and safety across European routes.
