Riyadh based Alsalam Aircraft Company has signed a contract with Nigerian air carrier Max Air Limited to carry out maintenance on its fleet of Boeing 747-300 & -400 airplanes.

Saudia Aerospace Engineering Industries (SAEI) has signed a number of new agreements for the development of operations systems engineering and aircraft maintenance and infrastructure required to manage programs and automated systems to develop maintenance procedures and operations.

The decline in the average age of jets being retired is having an impact on aircraft valuations, financing and spare parts suppliers.

Turkish Technic has signed a Landing Gear Maintenance Services agreement for A321 aircraft with Atlasjet.

Abu Dhabi Aircraft Technologies (ADAT) has been awarded a seven year contract to provide Integrated Component Solutions (ICS) to Ethiopian Airlines' fleet of Boeing 737NG aircraft.

Indian MRO provider Air Works has invested $22m in Dubai’s Empire Aviation Group.

Indian business jets can now come to Jet Aviation in Dubai for base maintenance.

Bankrupt Mexicana de Aviacion’s planned August relaunch has slipped as negotiations with creditors continue longer than expected. The airline in April unveiled plans to relaunch in June, but the date quickly slipped to August as terms of the deal with new owner, Med Atlantica, were finalized. Med Atlantica also initiated talks with the airline’s two largest creditors, Bancomext and Banorte, over outstanding debt.