China Southern Airlines said it plans to sell a 50 per cent stake in MTU Maintenance Zhuhai to its parent company, China Southern Air Holding for US$235.8 million, according to a Dow Jones report. MTU Maintenance Zhuhai is a 50-50 joint venture between China Southern and MTU Aero Engines, the German manufacturer of commercial and military aero engines. … [Read more...] about China Southern to sell 50% MTU stake
MRO Conversions & Manufacturers
Jet Aviation HK gains FAA approval for repairs
Jet Aviation Hong Kong – the Hong Kong branch of the Swiss business aircraft maintenance company – now can perform scheduled and unscheduled maintenance, airframe and engine repairs, avionics modifications, inspections and defect rectifications on US-registered aircraft following US Federal Aviation Administration certification. The Hong Kong facility offers maintenance, aircraft management, flight support and aircraft charter services and expanded last May to offer … [Read more...] about Jet Aviation HK gains FAA approval for repairs
MAE to take over Transmile MRO
MAS Aerospace Engineering (MAE) has signed a Letter of Intent to purchase Transmile’s Engineering & Maintenance unit. The proposed acquisition involves the purchase of Transmile’s base maintenance and engineering capabilities, including two hangars, equipment, and employment of its skilled manpower atits Subang base. The deal will also include MAE continuing to provide heavy maintenance services to Transmile’s freighter fleet of nine Boeing 727s, three 737s … [Read more...] about MAE to take over Transmile MRO
One millionth component milestone for IECO
International Engine Component Overhaul (IECO), a joint venture between Rolls-Royce and SIA Engineering Company, has recently celebrated the overhaul of its one millionth component with its entire 200-plus strong workforce and Board of Directors at its recently expanded and upgraded facility in LoyangWay in Singapore. IECO specialises in aero engine component refurbishment services, particularly the repair and overhaul of Rolls-Royce Trent series and RB211 Nozzle Guide Vanes and Compressor … [Read more...] about One millionth component milestone for IECO
Italy’s Alenia and MAS establish Malaysian JV
Alenia Aeronautica and MAS Aerospace Engineering (MAE), a subsidiary of Malaysia Airlines, have signed an agreement to create a joint venture company for the provision of MRO services for ATR aircraft. The new company, MAS-Alenia Aeronautica Aerospace Engineering (MAAE) is 51 per cent owned by MAE and 49 per cent by Alenia Aeronautica. The company’s headquarters will be in Malaysia. … [Read more...] about Italy’s Alenia and MAS establish Malaysian JV
ST Aero wins Primera Air contract
ST Aerospace announced recently it has signed another component support programme – this time with Icelandic operator, Primera Air. Worth US$32.5 million, the programme is for the maintenance, repair and overhaul (MRO) of its landing gears over five years and an eight-year comprehensive component Maintenance-By-the-Hour programme that includes parts exchange, MRO, component engineering services and logistics. Commencing immediately, these contracts are to support the … [Read more...] about ST Aero wins Primera Air contract