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
Russian operator Utair’s management is to bring its specialised maintenance arm for foreign-built aircraft, TS Technik, directly under its aviation division through a merger of the companies. The decision follows a shareholder vote on 10 December which was overwhelmingly in favour of the proposal. Under the merger plan the company ...
Middle Eastern carrier Saudia is entering a maintenance partnership with Air France-KLM which will focus on engine work. The two sides will explore a joint venture for GE Aerospace GEnx engines which power Boeing 787s. Under the pact Saudia envisions awarding at least 50% of GE Aerospace GE90 work to ...
UK investigators probing a rudder jam involving a West Atlantic ATR 72-200 freighter have found that degraded steel bearings had not been replaced by corrosion-resistant ones. The replacement had been recommended in a service bulleting published 30 years before the incident at Belfast International on 7 March 2023. As the ...
