Boeing moves one step closer to certification for new 737 MAX software upgrade

Denis Muilenburg, Boeing Chairman, CEO and President, has confirmed that steady progress is being made towards certification for a new software upgrade for the troubled 737 MAX single-aisle jet. Tuesday saw an official engineering test flight that Muilenburg described as the “final test flight prior to the certification flight.” Boeing has been working frantically to develop new software for the 737 MAX which has been involved in what have been described as two ‘similar’ fatal nose-down crashes. The new software has been designed to prevent erroneous data from triggering an anti-stall system that is suspected as being the reason for Read more

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Manta Air signs 5-year maintenance agreement with ATR

Manta Air, the new domestic carrier of the Republic of Maldives, has signed a Global Maintenance Agreement (GMA) with European turboprop manufacturer ATR. This five-year contract covers the Maldivian airline’s full fleet for the repair and overhaul of easily replaceable components (Line Replaceable Units), propeller maintenance and an on-site leased stock of spare parts. This long-term agreement also includes on-site technical support, through which a dedicated Customer Support representative assists Manta Air in their daily operations. The airline is benefitting from tailored recommendations to make an optimal start to operations, based on its very specific needs, and ATR’s expertise to Read more

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Brunswick Aviation Services new preferred IFE installation and MRO supplier for AVIAA

Brunswick Aviation Services new AVIAA supplier ©AVIAA

AVIAA, the expanding group purchasing organization for business aviation, has announced Brunswick Aviation Services as a new communications and IFE MRO supplier in the USA.  The East Coast based FAA Part 145 certified business works across Gulfstream series; Bombardier Global family; BBJ and Dassault Falcon Jet aircraft platforms, providing IFE systems, alongside avionics modifications.  Its speciality installations are on the increasingly popular Honeywell Jet ConneX JetWave TM offering, delivering 15 megabits per second of seamless connectivity over the ocean. AVIAA members are guaranteed rapid installation and customization, as quickly as inside two weeks. A preferred Honeywell Center of Connectivity and Read more

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United reports first quarter net income of US$292 million

United Airlines has posted first quarter net income of US$292 million, pre-tax earnings of US$367 million and pre-tax margin of 3.8%, expanding pre-tax margin 1.8 points versus the first quarter of 2018. United reported first-quarter adjusted net income of US$309 million and adjusted pre-tax earnings of US$389 million. Adjusted pre-tax margin of 4.1% expanding adjusted pre-tax margin 2.1 points versus the first quarter of 2018. Total passenger revenue increased 7.1% versus the first quarter of 2018. First-quarter passenger revenue per available seat mile (PRASM) increased 1.1% year-over-year.

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Meggitt PLC and OEMServices sign long-term agreement for supply of aftermarket services

©OEMServices and Meggitt teams

Meggitt PLC, a leading international company specialising in high performance components for the aerospace market, has signed a Long Term Agreement (LTA) with OEMServices to supply component after-market support to operators in the Middle East, Africa and Russia/CIS. OEMServices is a market leader in providing component, logistic and trading services to airlines and original equipment manufacturers worldwide. Under the agreement, OEMServices will act as an integrated service provider for Meggitt aftermarket products within the named regions, and will also operate a one-stop shop for maintenance, repair and overhaul, using dedicated global service centres and a 24/7 AOG hotline, committed to Read more

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AOG-247 signs with B&H Worldwide in UK and Germany

B&H Worldwide, the aerospace logistics provider, has signed a multi-year deal to provide fast-expanding aircraft and engine components supplier AOG-247, with warehouse and inventory management services at both London Heathrow and Frankfurt. Under the terms of the contact B&H will provide full inventory management at both locations including complete consignment handling and access to the B&H FirstTrac online portal. B&H will initially be responsible for managing the UK headquartered company’s commercial engine inventory (introducing CFM56-7 Life Limited Parts) which AOG-247 will base from B&H’s Frankfurt warehouse. “As with all component suppliers, AOG-247 need to be very close to their markets Read more

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GECAS and Oz Management close STARR 2019-1

©GECAS and Oz Management close STARR 2019-1

GECAS and Oz Management have announced the closing of STARR 2019-1. In this transaction GECAS is selling twenty in-production Boeing and Airbus narrowbodies to START II Ltd. With an average aircraft age of less than six years, the diversified portfolio includes aircraft currently on lease to 13 airlines in 11 countries and has total appraised value of approximately US$589mn. START II Ltd. is financing its acquisition through its issuance of 144A/Reg. S debt and equity. The sales are subject to typical conditions precedent including any regulatory approvals that may be necessary. In similar fashion to the STARR 2018-1 transaction — Read more

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ST Engineering completes acquisition of MRA Systems

Aerial view of MRAS facility in Baltimore, USA ©ST Engineering

Singapore Technologies Engineering refers to its earlier announcements made on September 13, 2018, March 29, 2019 and April 14, 2019, in relation to the proposed acquisition by its US subsidiary, Vision Technologies Aerospace Incorporated, of a 100% ownership in MRA Systems (MRAS). On April 18, 2019, the proposed acquisition was completed at a net consideration of about US$506m (approximately S$683m) in cash, subject to post-completion adjustments for debt-like items and working capital. MRAS is now an indirect wholly-owned subsidiary of ST Engineering, whose aerospace capabilities now include the Original Equipment Manufacturer business of high-value nacelle systems and replacement parts. With Read more

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The Av8 Group expands parts inventories for Hawker, Challenger and other major airframes

The Av8 AOG parts unit has acquired extensive parts inventories for Hawker 800A and Challenger 604/605 model aircraft.  The Av8 AOG unit is focused on parts services including expedited AOG parts, managed repair services, engineering & repair, OEM & PMA parts sales and distribution as well as inventory acquisition & liquidation.  The unit continues to actively expand inventories via aircraft purchased for part out and by acquiring flight department inventories whenever possible. The Hawker 800A inventory has expanded Av8’s Hawker inventory rapidly and has made a number of major parts and components available to their customers which includes a large Read more

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