SIA Engineering, a leading provider of aircraft maintenance, repair, and overhaul (MRO) services, has posted strong financial results for the first quarter of its 2024/2025 fiscal year, buoyed by rising global demand for aviation support services. The company reported a 33.4% increase in revenue, reaching S$358.4 million (US$265.2 million), compared to the same quarter last year.
Chorus Aviation has signed an agreement to acquire Elisen & Associates, a Montreal-based engineering and certification firm known for its work on A220 aircraft as well as Bombardier, Gulfstream, and Learjet special mission platforms. The acquisition aims to enhance Chorus’s competencies in defense contracting, specialized MRO, and aerospace engineering, while expanding its footprint within the heart of Montreal’s aerospace ecosystem.
Pratt & Whitney, a subsidiary of RTX, reported a robust 12% year-over-year increase in Q2 2025 sales, reaching $7.6 billion, fueled by strong performance across both commercial aftermarket and original equipment (OE)segments. The aftermarket division grew 19%, while OE sales rose 15%, supported by higher volume and a favorable product mix, especially from Pratt & Whitney Canada.
GetJet Aviation Holdings, an integrated aviation services group based in Vilnius, Lithuania, has reported a strong net profit of €25.4 million for the 2024 fiscal year, supported by rapid expansion across key business segments including ACMI leasing, aircraft maintenance (MRO), asset management, and component trading. The group recorded total revenues of €184.3 million, confirming its status as one of the most profitable aviation service…
Magnetic Line, a Netherlands-based MRO services provider and part of Magnetic Group, has entered into a two-year line maintenance agreement with Oman Air. The contract covers support for the airline’s Boeing 787-9 Dreamliner operations powered by GEnx engines, based out of Amsterdam Schiphol Airport, effective from 01 July 2025.
AirExplore, a Slovakian charter and ACMI airline, has entered into a maintenance services agreement with FL Technics Wheels & Brakes, a division of FL Technics based in Lithuania. Under this cooperation, FL Technics will be responsible for providing wheel and brake component maintenance for AirExplore’s fleet.
StandardAero, a major independent MRO provider based in the United States, has reported strong demand for serviceable RB211-535 engines, along with related modules and spare parts. The surge in interest is largely due to the tight supply of high-quality, high-cycle remaining assets, particularly for use in legacy widebody aircraft still in active or converted freighter service.
Cochin International Aviation Services Limited (CIASL), the MRO division operating at Kochi Airport in India, has unveiled a $6 million project to construct its third maintenance, repair, and overhaul (MRO) hangar, as part of its broader strategy to establish Kochi as a leading MRO hub in South Asia.
GMR Aero Technic, one of India’s prominent MRO providers, has secured a three-year base maintenance agreementwith Akasa Air, a fast-growing Indian low-cost carrier. The agreement covers maintenance services for Akasa’s expanding B737 MAX fleet, reinforcing the airline’s commitment to operational reliability and GMR Aero Technic’s positioning as a preferred maintenance partner in the region.
FL Technics, a leading global provider of aircraft maintenance, repair, and overhaul (MRO) services headquartered in Lithuania, has revealed its intent to acquire JOB AIR Technic, a Czech-based MRO company. The transaction is subject to the fulfillment of agreed closing conditions, including mandatory statutory and regulatory approvals.
