Dublin-based jet engine overhaul facility Lufthansa Technik Airmotive Ireland (LTAI) is considering shutting down due to declining revenues and shrinking international market opportunities.
Hong Kong Aircraft Engineering Co. (HAECO) subsidiary Taikoo (Xiamen) Aircraft Engineering Co. (TAECO) recently completed its first Boeing 757-200 converted freighter for Air China Cargo.
Wencor Group has acquired Star Aero, an independent provider of Parts Manufacture Approval (PMA) used in the repair and maintenance of thrust-reverser systems on commercial aircraft.
FL Technics Jets has become the first authorized service center for Tronair Ground Support Equipment in Eastern Europe, Russia and the CIS and will also distribute Tronair‘s GSE products in the region.
Competitive flying in turbulent markets prompts airlines to shift costs from fixed to variable. One way to do that is to outsource not just the repair of, but the ownership and management of expensive assets, from rotable components to engines and even aircraft, sometimes.
