Oman Air and Indonesia’s GMF AeroAsia have launched a joint venture to build Oman’s first MRO facility at Muscat International Airport under a 20-year concession.
The Australian state is using a development fund to back projects including a rocket test facility, a defense-grade manufacturing site and an MRO facility.
Helicopter-makers still miss delivery dates for aircraft modifications and spare parts amid continuing supply chain pains post-pandemic, Bristow's CEO said.
India's three largest airlines are expanding in-house MRO capabilities, as executives say domestic aftermarket capacity has not kept pace with fleet growth.
The global business aviation fleet is projected to grow to more than 41,000 aircraft by 2036 while MRO demand will rise at a faster rate, according to the 2027 Business Aviation Fleet & MRO Forecast.
One topic of intense discussion at MRO Europe was the ramping up of repair development as parts shortages limit airline operations and strain the aftermarket.
STANDARDAERO had $92.8m net income on $1.56b revenues in 3Q26 vs $68.1m on $1.5b in 3Q25. It announced its intent to enter into $350m accelerated share repurchase agreement pursuant to (now increased) $1b authorization.
The formal launch of a long-planned A350 component support joint venture with Airbus is a “major structural milestone” in Air France-KLM Group’s aftermarket strategy, group CEO Ben Smith said.