Middle Eastern engine MRO Sanad Aerotech has moved forward with its African expansion plans by signing a cooperation with Ethiopian Airlines to jointly build an MRO center of excellence on the continent.
After several years of lagging aircraft retirements, there are signs that an expected wave of removals is imminent if not underway, which will provide much-needed used-parts feed for several popular engine platforms.
Two of the aviation aftermarket’s largest supply chain specialists will unite following a $1.9 billion acquisition by an affiliate of private equity fund Platinum Equity.
Textron Aviation is growing its Australian MRO capability to service Beechcraft, Cessna and Hawker aircraft with the acquisition of Premiair Aviation Maintenance.
A380 investors were never likely to receive much Christmas cheer once the end of the programme was announced earlier this year – a point again underlined by analysis from Scope Ratings.
American Airlines’ maintenance hub in Tulsa, Oklahoma, has received another boost following the airline’s decision to insource additional wheel and brake component maintenance.
The aviation aftermarket is booming and businesses in the sector have been hot commodities in the eyes of the financial world for several years. This showed no signs of changing in 2019--a year that saw a raft of buyouts and mergers.
