US aviation parts and service supplier AAR posted record sales of $589 million for its financial year to the end of May. The company's sales figure was up by 17%, while net profits grew by 44%, to $23 million. Growth is expected to continue this year, helped by the recent acquisition of Cooper Aviation, which supplies new parts to the general- and regional-aviation markets.
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.
