US aviation-services group AAR has acquired more than 22,000 items of excess inventory from Hamilton Standard, worth around $200 million at catalogue prices. The parts will remain at the manufacturer's warehouse, but will be marketed by AAR's growing international spares-network. In its latest financial year to the end of May, AAR saw sales climb above $500 million, while net profits were increased, by more than 50% at $16 million.
Source: Flight International
SIA Engineering (SIAEC) expects demand for MRO services to remain strong, although supply chain challenges have extended the time of some aircraft checks.
Israel Aerospace Industries (IAI) is considering launching a conversion programme for the Boeing 787 as it weighs up future projects. Speaking to FlightGlobal sister publication Air Cargo News at the Farnborough International Airshow, IAI executive vice president and general manager, aviation group, Shmuel Kuzi explained that the business is always ...
Boeing has designated Lufthansa Technik as the first Boeing-licensed Service Center (BLSC) for cabin modifications on its 787 Dreamliner airplanes.
