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

C&L Aerospace signs distribution agreement with ACR Artex product line

Commercial and business aviation MRO provider C&L Aerospace has signed a distribution agreement for the entire aviation product line of ACR Artex, a manufacturer of survival products for general and commercial aviation. Consisting of such products as emergency locator transmitters (ELTs), ELT replacement batteries, and personal locator beacons, C&L Aerospace will be able to distributeRead 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 Starters.Read More

MAC Aero Interiors offers simple solution to fast-track the recovery of air-travel

MAC Aero Interiors, subsidiary of a global provider of Total Technical Care for aircraft operators and lessors, Magnetic MRO, reacting to the current situation in the aviation market, has started the production of the sanitizing kits, designed for both airports and airlines and aimed at tackling both the virus and the fear of air-travel becauseRead More

Airbus seeks ‘new solutions’ as it backs out of joint venture with Thai Airways

Airbus has reportedly backed out of a joint venture with Thai Airways to build a new MRO campus at Thailand’s U-Tapao airport. A report from local newspaper The Nation cites Thai Airways Technical executive vice president Cherdphan Chotikhun as saying that the European airframer had withdrawn from the cooperation as it was affected by theRead More

Vortex Aviation’s new facility receives EASA certification from Irish Aviation Authority

Vortex Aviation, a turbine engine support company providing services across Europe and neighboring countries, recently announced its Dublin facility received Maintenance approval under EASA certification from the competent authorities (IAA) Irish Aviation Authority. Vortex Aviation located in Dublin Ireland, provides engine hospital shop visit maintenance activities to support its global customer base of lessors, owners andRead More

APOC Aviation closes on three airframe deals

Part-out activity has commenced this month in Marana, Arizona for two A319-132 airframes recently acquired by APOC Aviation.   MSN 1758 and 1790 were formerly operated by Air Macau and the parts are expected to arrive into APOC’s stock during April/May. Jasper van den Boogaard, VP Airframe Acquisition & Trading at APOC Aviation, is a certified ISTATRead More

SIAEC is stepping up efforts to mitigate covid-19 impact

SIA Engineering (SIAEC) is stepping up efforts to mitigate the impact of the coronavirus crisis, including bigger management pay cuts and the deferral of non-essential capital expenditure. The company is also planning to boost its own liquidity in what it described as “the increasingly difficult business environment” in a statement. “We will also take measures toRead More