BOC Aviation signs Magnetic MRO as their CAMO service provider

Magnetic MRO, has signed a Continuing Airworthiness Management contract with BOC Aviation (Ireland) Limited, one of the world’s leading aircraft leasing service provider. Since the agreement has been signed, the Lessor has already delivered B737NG aircraft to Magnetic MRO’s hangars in Tallinn, Estonia. Since the start of the global pandemic in the Q1 this year,Read More

Western Aircraft installs first Speed Cowl on Pilatus PC-12

Western Aircraft has installed its first Speed Cowl on a Pilatus PC-12 that the Boise, Idaho-based MRO provider said improves the performance of the single-engine turboprop. Developed by Edmo Distributors, which also holds the STC, the non-invasive modification increases ram air recovery to the aircraft’s Pratt & Whitney PT6-67 engine. Compared with the standard cowl,Read More

SR Technics to reposition brand with focus on services portfolio

SR Technics recently announced the successful financing and new company strategy to reposition the brand with a focused services portfolio to better serve its customers in the changing market environment. After a successful turnaround and solid financial results in the last years, SR Technics started the first quarter of 2020 strongly with results ahead ofRead More

Air Astana expands MRO contract with GA Telesis for its Airbus fleet

Kazakh national carrier Air Astana has expanded its component support contract with GA Telesis to cover its fleet of Airbus A320neo and A321neo aircraft. The flight hour support agreement will include repair management, warranty administration, as well as access to a large stock placed at Air Astana’s main hub of Almaty. “Additionally, Air Astana willRead More

EDGE to acquire Lockheed Martin shares in AMMROC

EDGE, the Abu Dhabi based advanced technology group for defense and beyond recently announced that it has entered into a conditional agreement to acquire the remaining 40 percent stake currently held by Lockheed Martin Corporation and Sikorsky, a Lockheed Martin Company, in Advanced Military Maintenance Repair and Overhaul Center (AMMROC). AMMROC is the leading providerRead More

AvAir and Lufthansa Technik sign long term aftermarket sales agreement

AvAir, an inventory solutions provider for the aviation aftermarket, and Lufthansa Technik have signed a long-term aftermarket sales agreement. AvAir has purchased the majority of Lufthansa Technik’s overstock of rotable spares inventory. The Arizona-based company acquired 9,000 line items, comprising of components including IDGs (Integrated Drive Generator), FADECs (Full Authority Digital Engine Control) and StartersRead More

GA Telesis to carry out repair work in Finland’s capital

GA Telesis Engine Services, the engine heavy maintenance division of the company, will operate the Special Procedures Aero-Engine Hospital (SPAH) business in Finland’s capital with more than a dozen repairs. These include engine lease return inspections, engine storage and preservation, airworthiness directives, boroblend repairs, QEC installations and engine troubleshooting, among others. The services also extendRead More

Magnetic MRO conducts its first virtual aircraft inspection

Magnetic MRO, a Total Technical Care and asset management organization, has announced the recent successful completion of their first virtual inspection on the aircraft as part of the pre-lease preparation. As the company’s representatives states, this inspection signify industry’s resilience and ability to adapt to the changed norms in the aviation industry. Since the globalRead More

LOTAMS to implement “optimization processes” in Poland

LOT Aircraft Maintenance Services (LOTAMS) has reiterated its commitment to building an extensive greenfield facility at Rzeszow in Poland, but will implement “optimization processes” and seek cost savings to deal with fallout from the coronavirus pandemic. In 2019, the MRO provider – a sister company of Polish state carrier LOT – disclosed a plan toRead More

Hainan Airlines to reduce stake in MRO unit by 68%

Hainan will reduce its stake in MRO unit HNA Technic to about 68%, with the remaining shareholding taken by an airport infrastructure company related to Hainan parent HNA Group. The transaction will see the Hainan Island Airport Industrial group pump CNY2.5 billion ($350 million) into the MRO unit, bringing the total registered capital of HNARead More