PEMCO World Air Services announced the completion and delivery of its 10th converted aircraft for China Postal Airlines, a Boeing 737-400F. ST Engineering announced EcoServices has exercised a purchase option with Pratt & Whitney for the use and acquisition of its intellectual property assets for an aggregate cost of $25.2 million. EcoServices will now fully own, manage and protect its own portfolio of intellectual property assets.
In its services market outlook, Boeing identifies a total market of almost $2.4 trillion over the next 20 years. The market for services is projected to grow by approximately 4% annually over the term of the outlook.
Turkish Technic signed a C check maintenance contract with Nordwind Airlines for two Airbus A321s. Services will be carried out in March at the Turkish Technic facilities in Istanbul. Saab won a five-year contract with British Midland Regional for component maintenance and the repair of BMI Regional’s 18 Embraer 145 and Embraer 135 aircraft. The contract is valued at SEK105 million ($16.4 million) and covers approximately 400 components.
The EADS board of directors has accepted the resignation of Lutz Bertling as chief executive officer of Eurocopter and member of the EADS Group executive committee effective April 30 2013.
A J Walter Aviation’s (AJW) recent acquisition of the component maintenance business of bankrupt Montreal-based Aveos Fleet Performance is a two-part story. One half tells how an opportunistic London-based company continues to strengthen its aircraft services empire worldwide with this purchase. The other half of the tale reveals how component maintenance is growing faster than airframe and engine maintenance and how AJW is capitalizing on the trend.
The airline business remains a risky one in the second decade of the 21st Century. Aircraft maintenance reflects the traffic and financial risks of the industry it supports, with added risks distinctive to the aftermarket.
Maintenance strategies are changing. How much they will change and for how long are two big questions. Another is who will get the business: airframe OEMs; global MRO shops; or mixes and partnerships of both.
FL Technics was selected by Seal Dynamics to serve as its sales and marketing representative in Russia, the CIS and CEE for its components and consumables. Ducommun Inc. won FAA repair station certification for commercial aerospace aftermarket support in Phoenix.
Scandinavian Airlines (SAS) has signed a letter of intent (LOI) to sell its ground and cargo handling activities to Swissport International as measures to boost its liquidity continue.
Swiss AviationSoftware signed a contract with Scandinavian Airlines for the implementation of AMOS maintenance and engineering software, slated for implementation beginning in the third quarter 2013. JorAMCo won a maintenance services contract from Air Astana to perform C checks on three Embraer E-190s.
Indian aviation has taken off, but its maintenance facilities are still sparse, compelling airlines to seek support abroad. Indian aviation has taken off, but its maintenance facilities are still sparse, compelling airlines to seek support abroad. Moreover, substantial hurdles must be overcome to enhance in-country support of airframes, components and engines.
EgyptAir Maintenance and Engineering company's Mohamed El Sherbiny called on African maintenance companies to engage with their staff if they are to develop successful businesses in the changing world.”
Safran opened a 400 sq. m. parts distribution center at Beijing Capital Airport to offer after-sales parts and inventory management, serving airlines in China that operate aircraft with the company’s jet engine nacelle and thrust reverser products. Logistics and supply chain management provider SDV will operate the warehouse.
FL Technics has purchased four Bombardier CRJ100/200 and six Boeing 737-300/400/500 landing gear sets to be dismantled for parts and components. The components and parts of main and nose landing gear will supplement its aircraft spare parts stockpiles in warehouses in Europe, the Russia’s Commonwealth of Independent States and Asia.
Mubadala Aerospace has signed an AED 4.9 million agreement with UAE University (UAEU) to train the next generation of Emirati technicians to work at Strata's aircraft composite production facility. The new initiative, with key modules delivered by professional trainers from Lockheed Martin, builds on the success of existing programs, which have already resulted in the employment of over 95 Emirati staff at Strata over the past two years.
