Etihad Airways has welcomed more than 260 Emirati nationals to its workforce through the Absher initiative, since its launch in June 2012.

Competitive flying in turbulent markets prompts airlines to shift costs from fixed to variable. One way to do that is to outsource not just the repair of, but the ownership and management of expensive assets, from rotable components to engines and even aircraft, sometimes.

MRO News

Briefs from the Oct. 30, 2013 issue of ATW’s MRO Digest

TIMCO Aviation Services will be acquired by Hong Kong Aircraft Engineering Co. (HAECO) for approximately $388.8 million, subject to closing adjustments.

Aerospace Products International (API), owned by Resilience Capital Partners, has acquired the assets of Avionics International Supply (AIS), further expanding distribution into avionics and electronics.

Lufthansa Technik (LHT) and AeroTurbine, a subsidiary of International Lease Finance Corp., will enter into a partnership.

Alaska Airlines will install split winglets on its Boeing 737NGs, expecting to save $20 million and cut carbon dioxide emissions by 57,000 tons annually.