AAR is commencing a modified Dutch auction tender offer to purchase shares of its common stock for an aggregate cash purchase of not more than $135 million.
How aviation will help African countries improve their economies and cooperation between blocks of African nations will develop infrastructure will be the subject of a keynote address by Hon. Dzifa Aku Attivor, Minister of Transport, Ghana at the Aviation Africa summit which takes place in Dubai on May 10-11.
AMETEK MRO has signed a three-year strategic partnership agreement with AJW Group to provide supplementary component repair and overhaul services for AJW’s global fleet of more than 900 aircraft under contract.
Honeywell Aerospace has launched its Performance Accelerator, an interactive, real-time catalogue of Honeywell’s service bulletins and upgrade options for airlines built on a 3-D rendering of the 20 most widely used commercial aircraft.
Nordam Group and GE Capital Aviation Services Asset Management Services have announced a partnership to provide airline customers with flight control systems, from July 1.
Lufthansa Technik (LHT) and US low-cost carrier Frontier Airlines have signed a comprehensive, long-term component supply agreement for the airline’s current and future Airbus A320 fleet.
ATR and Azul Brazilian Airlines have renewed a maintenance agreement under which ATR will provide full aftermarket support for Azul’s fleet of nearly 60 ATR aircraft.
Air New Zealand will undertake some component maintenance on Tigerair Australia’s Airbus A320 fleet as part of an agreement signed with AJW Group that will extend the component maintenance and repair services provided at Air New Zealand’s Auckland Engineering and Maintenance base.
Messier-Bugatti-Dowty (MBD) of the Safran Group, through its subsidiary MBD Wheel and Brake Repair and Services, has opened a new wheel-and-brake repair facility on the US East Coast, in Bethlehem, Pennsylvania.
Delta TechOps has established an Aircraft Engine Hospital Shop that will specialize in strategic aircraft engine repairs requiring limited engine intrusion.
US airlines expect that FAA will allow a five-year “grace period” for full compliance with the agency’s 2010 mandate that carriers’ aircraft be Automatic Dependent Surveillance-Broadcast (ADS-B) Out capable by Jan. 1, 2020.