SpeedNews

NAVBLUE (Airbus) was selected by Lithuania's Heston Airlines (three A320s/three A330s) to provide suite of operating management solutions.
Air Transport

CHORUS AVIATION had C$20.5m net loss on $1b revenues in 2021 vs $41.5m net income on $949m in 2020.
Air Transport

AVIATION CAPITAL GROUP had $140m net income on $1b revenues in 2021 vs $104m on $901m in 2020.
Air Transport

ST ENGINEERING was selected by Galactic Holdings to design/convert a 757 to an 7,000-gallon aerial firefighting platform (75HP2T) for 2024; mod work
MRO

ST ENGINEERING launched a quick-turn service for LEAP-1B; it plans to expand to full MRO for LEAP-1B by end of 2023.
MRO

KING AEROSPACE signed lease agreement for two MRO hangars at Northwest Arkansas Regional Airport to support highly specialized, FAA Part 145 mods
MRO

BOEING extended deal with All Nippon Airways for its Maintenance Performance Toolbox for another five years.
MRO

LUFTHANSA TECHNIK was selected by VietJet to provide AVIATAR Technical Logbook to digitize its fleet's technical info update process to replace manual
MRO

SIA ENGINEERING has BOC Aviation contract for widebody heavy maintenance at Singapore/Philippines in 2022.
MRO

EFW

EFW has SmartLynx Airlines contract to perform six A321 freighter conversions in 2022-2023; aircraft will be modified at ST Engineering’s conversion
MRO

SIA ENGINEERING agreed to acquire 75% stake in SR TECHNICS MALAYSIA from SR Technics for US$3.75m to form a component maintenance, repair and overhaul
MRO