airBaltic, Latvia’s national airline, has announced the successful completion and operational launch of two state-of-the-art aircraft hangars at its home base, RIX Riga Airport. This significant infrastructure expansion enhances the airline’s ability to perform maintenance, repair, and overhaul (MRO) operations in-house, supporting its growing fleet and operational efficiency.
Willis Aviation Services (UK) has signed a long-term General Terms Agreement with Jet2 (UK) to perform C Checkson the airline’s B737NG fleet. The agreement includes a volume commitment, underscoring Jet2’s confidence in Willis Aviation’s maintenance capabilities.
StandardAero (US) has announced that its San Antonio engine overhaul center has secured maintenance organization approval from the Civil Aviation Administration (CAA) of China for the LEAP-1A and LEAP-1Bturbofan engines. This approval is a significant milestone, enabling StandardAero to perform maintenance, repair, and overhaul (MRO) services for Chinese operators using these advanced engines.
AAR, a leading provider of aviation services based in the United States, has released its financial results for the second quarter of fiscal 2025, which ended on November 30, 2024. The company reported a 26% increase in sales, reaching $686 million. Despite this robust growth, AAR recorded a GAAP net loss of $31 million, reflecting ongoing operational and financial challenges.
Setna iO, a US-based aviation company specializing in aftermarket aircraft components, has announced the purchase of a CFM56-7B engine for immediate teardown. This acquisition will bolster Setna iO’s ability to provide high-quality spare parts and components to its global customer base, ensuring reliable support for airline and MRO operations.
Adani Defence Systems & Technologies, a prominent player in India’s defense and aerospace sectors, has acquired an 85.8% stake in Air Works India for an enterprise value of $47 million. This acquisition marks a significant step in Adani Defence’s efforts to expand its footprint in the aerospace maintenance, repair, and overhaul (MRO) industry.
TAAG Angola Airlines has entered into a long-term agreement with Lufthansa Technik (Germany) to provide aircraft component services for its brand-new fleet of Boeing 787s. This collaboration marks a significant milestone in TAAG’s fleet modernization strategy, ensuring reliable maintenance support for its operations.
Airbus Corporate Jets (France) has signed a firm partnership agreement with AMAC Aerospace (Switzerland) to become a key member of the ACJ Services Centre Network. This collaboration aims to enhance the service capabilities offered to customers of Airbus Corporate Jets, ensuring top-tier maintenance and support for their specialized aircraft.
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.
Rolls-Royce (UK) has welcomed the arrival of the first Trent 1000 engine at its state-of-the-art MRO (Maintenance, Repair, and Overhaul) facility in Dahlewitz, Germany. This milestone signifies the beginning of Trent 1000 maintenance operations at the facility, further strengthening Rolls-Royce’s global MRO capabilities.
