Passenger and cargo demand being served by narrowbody and freighter flying is helping commercial maintenance, repair, and overhaul (MRO) providers climb out of the downturn and toward pre-pandemic business levels.
Irish lessor Avolon returned to profit in 2021, while San Francisco-headquartered BBAM has raised a further $1.5 billion in funding and SMBC Aviation Capital has agreed to introduce ACMI-provider SmartLynx Airlines to Boeing 737 MAX operations.
LCC Air Arabia hopes to have its joint venture (JV) carriers in Armenia and Pakistan flying by mid-year and has now allocated aircraft to the two new airlines.
The air navigation service providers of the UK and Canada are to abolish the use of the North Atlantic Organized Track Structure (OTS) for flights below FL330 (33,000 ft.) from March 1.
Boeing is having few problems getting new orders on the books but continues to struggle getting aircraft out the door to customers, its January activity suggests.
Regional airframer ATR is looking to ramp up production to deliver over 50 aircraft in 2024, but for the coming 12 months the company is simply aiming to exceed the 31 aircraft it delivered in 2021.
To promote the growth of the aviation sector in its Eastern Economic Corridor, Thailand will join the Asian airshow circuit by introducing the Thailand International Airshow in 2025.
Germany’s antitrust authority Bundeskartellamt has raised serious concerns over Lufthansa’s decision to terminate a long-standing special pro-rate agreement with leisure carrier Condor in a preliminary decision that will likely lead it to force continuation of the arrangement.
Rolls-Royce is continuing to produce Trent 1000 and Trent XWB fan blades in Singapore at maximum volume, despite depressed demand for widebody aircraft in recent years as a result of the pandemic.
