PARC group, the Irish aviation recruitment consultancy, is to seek a listing on the London and Dublin stock exchanges to raise cash for its expansion. PARC, separated from Aer Lingus in a management buy-out three years ago, has grown rapidly, including a series of acquisitions. Annual sales are now running at over IR£70 million ($98 million) of which around half is still centred on sourcing of flightcrew and maintenance staff.
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probing a rudder jam involving a West Atlantic ATR 72-200 freighter have found that degraded steel bearings had not been replaced by corrosion-resistant ones.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 ...
