MRO

FL Technics acquires Wright International

FL Technics acquired Wright International, a line maintenance services provider in Canada. | Exclusive...


Five challenges ahead for MRO business

The COVID-19 pandemic has considerably lowered demand in air transport and thus reduced the number of flights. Fewer planes flying also means fewer maintenance needs. In this context, all actors of the MRO industry have seen their business impacted. But is the situation as dark as it is painted?...


Aviation MRO market outlook by Oliver Wyman | Flashback

2020 spending on maintenance, repair, and overhaul was looking better in mid-summer than it did in the spring, as it was expected to reach 55% of pre-COVID-19 level.  ...


Rolls-Royce takes “largest-ever“ restructuring: cuts 1,400 jobs

After warnings about future job cuts in the company, Rolls-Royce started its restructuring process with 1,4000 redundancies....


Aircraft engine Rolls-Royce Trent XWB long-range wide-body twin-e

Repair, don’t scrap: Rolls-Royce launches new engine service plan

Rolls-Royce launched a new project which should speed up the development of future aerospace technologies. British company set a goal to reduce the negative impact of COVID-19-related consequences for airlines and diminish the environmental impact by repairing aircraft components instead of scrapping them. ...


How to keep residual value of engine assets during Covid-19 wave?

Even when the world turns on its own head, navigating the new normal is crucial to ensure your survival. Taking care of your assets is also important to ensure that if any sudden changes happen in the market, one is ready to respond to those changes. However, maintaining aircraft engines can sometimes be overlooked, or even frowned upon, as the process requires quite the capital and time investment in order to do so. Yet there are options....


FL Technics Engine Services quick turn shop opens door

FL Technics, Maintenance, Repair, and Operations (MRO) organization, announced that its daughter company FL Technics Engine Services has received Part-145 approval from the Transport Competency Agency...


Icelandair Boeing 757-20

Icelandair and AvAir sets partnership on full asset management

Icelandair Group, the owner and holding company of the airline Icelandair, agreed on a full asset management contract with AvAir, the inventory solutions provider for the aviation aftermarket....


Aircraft engine maintenance and repair.

Downturn in flight demand results in sharp drop of engine value?

The International Bureau of Aviation (IBA), an aviation consultancy company, announced that reduced demand for air travel related to the COVID-19 pandemic had a significant effect on aircraft engine values. ...


Jet engine open and ready for maintenance inside hangar

Turkish Technik launches new MRO hangars to serve 45 jets at once

Turkish Technik, a MRO subsidiary of Turkish Airlines, completed the construction of its new base maintenance hangars at Istanbul Airport (IST) and is ready to welcome its domestic and international customers. The General Manager of the company announced that the new hangars would be able to provide maintenance services for 45 aircraft simultaneously....