MRO majors in the Asia-Pacific are calling for the industry to generate an organic pool of aircraft technicians and engineers, even as talent is either moving away from the industry or to other players.
SICHUAN AIRLINES agreed to lease A321P2F (2974; ex-Vietnam Airlines) with V2500s from Cinda Financial Leasing; aircraft is the second converted by SICHUAN AIRCRAFT MAINTENANCE ENGINEERING (SMECO) for 321 PRECISION CONVERSIONS.
HONEYWELL has $1.1b VietJet contract to provide avionics and APU maintenance programs for its A320s/A330s in deal that includes Flight Efficiency solution to provide emission reduction and fuel-efficiency monitoring across the fleet.
StandardAero announced the launch of its initial public offering (IPO) process on Sept. 23, seeking to raise $1.1 billion at a valuation of up to $7.5 billion.
Embraer is planning to increase the value of spares and components in its Singapore distribution center to support its growing fleet in the Asia-Pacific region.
AERSALE, FL was selected by "a major global transportation company" as partner to manage/sell its surplus parts inventory, including A300, 757 and MD-11 components as solution to current challenges from supply chain constraints.
AIR INDIA launched US$400m cabin upgrade program for 67 aircraft (27 A320neos and 40 777s/787s); project is being coordinated by its Engineering team with COLLINS AEROSPACE, ASTRONICS and THALES selected as suppliers.
AAR has 5-year, $1.2b US Navy (follow-on) contract to provide P-8A Poseidon depot airframe maintenance and depot field team support, including scheduled/unscheduled MRO and AOG, for the US Navy, Australia, and FMS customers.
ST Engineering and Airbus joint venture Elbe Flugzeugwerke are re-entering the Airbus A380 heavy maintenance market, securing a contract with Global Airlines.
Swiss MRO outfit SR Technics is now the 17th active repair shop in the GTF network and will conduct full disassembly, assembly and testing on PW1100G-JM engines.