Struggling Irish third party maintenance provider Shannon Aerospace is to receive a I£24 million ($38 million) capital injection, of which I£12 million will come from the Irish government over the next two years following European Commission approval. The other half comes from lessor GPA, which recently sold its 30 per cent stake in Shannon to Lufthansa Technik and Swissair, both of which now hold 50 per cent.
Source: Airline Business
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.
