Atlas Air and Sharp Technics K plan to develop a dedicated MRO facility at Incheon International Airport that will accommodate cargo growth in the region.
Boeing booked $1 billion in online parts sales from Jan. 1 through June 15, the fastest it has reached the mark during a calendar year, as expanded offerings overcame a slump in commercial orders linked to the global airline downturn.
AFRA is working with the Chinese government on a solution that would enable global disassemblers to sell used parts for installation on Chinese registered aircraft.
Heico Corp.’s commercial aviation-focused Flight Support Group (FSG) has posted its fourth straight quarter of revenue growth, adding another data point that suggests increased flying is translating into a broader aftermarket recovery.
Europe’s slow recovery is being offset by increasing headwinds in Asia, creating a mixed near-term outlook for some aftermarket providers, Bank of America analysts report.
Israel Aerospace Industries (IAI) has signed an agreement with Ethiopian Airlines to create a new Boeing 767 passenger-to-cargo conversion center in Addis Ababa, with three Ethiopian Airlines 767-300s set to launch the new venture.
Increased flight activity during the last quarter boosted TransDigm’s aftermarket sales both sequentially and year-over-year (YOY), yet another positive sign that the sector is in recovery mode.
The study, conducted by the DLR’s Institute of Maintenance, Repair and Overhaul (MRO), focused initially on engine washes as part of a broader effort to develop a modular framework for life-cycle assessment of aircraft maintenance.