Air cargo leasing specialist Air Transport Services Group (ATSG) sees the Airbus A321 and A330 platforms as ideal complements and key contributors to future growth, even as the Boeing 767 remains the company’s flagship fleet type.
Revenue for the commercial aerospace segment of Singapore Technologies (ST) Engineering weakened during the first half (H1) of 2021 as its MRO and aerostructures and systems components underperformed.
Boeing booked 14 net orders in July and delivered 22 737 MAXs, keeping momentum going in two key areas—positive monthly transactions and clearing out its backlog of undelivered narrowbodies.
Copa Airlines will retrofit its Boeing 737s with Honeywell’s air separation module (ASM), becoming the first announced customer for the fuel tank safety system component.
Juniper plans to build a portfolio valued at about $600 million within five years consisting of 20-25 freighters, depending on the mix of narrowbodies and widebodies.
MRO provider HAECO Xiamen has completed its first Boeing 737-800SF freighter conversion, handing over the aircraft to lessor BlackRock Aviation Holdings III LP.
An uptick in commercial activity helped Boeing Global Services (BGS) boost revenues 10% sequentially last quarter and has the company bullish on short-term aftermarket prospects as travel demand continues to rise in key markets.
Steady increases in key metrics including departures and spare parts sales have GE executives confident that its aviation services unit is headed in the right direction and original equipment (OE) sales are poised to follow as aircraft production rates increase, company executives said.
Aftermarket providers are purchasing fewer used parts than at any time since the global traffic downturn started in early 2020, a sign that the aircraft-retirement stalemate is affecting used serviceable material (USM) supply, a Canaccord Genuity analysis found.
