StandardAero announced the launch of its initial public offering (IPO) process on Sept. 23, seeking to raise $1.1 billion at a valuation of up to $7.5 billion.
Embraer is planning to increase the value of spares and components in its Singapore distribution center to support its growing fleet in the Asia-Pacific region.
ST Engineering and Airbus joint venture Elbe Flugzeugwerke are re-entering the Airbus A380 heavy maintenance market, securing a contract with Global Airlines.
Swiss MRO outfit SR Technics is now the 17th active repair shop in the GTF network and will conduct full disassembly, assembly and testing on PW1100G-JM engines.
An MRO issue may explain the rupture of a Rolls-Royce XWB-97 fuel hose that led a Cathay Pacific Airbus A350-1000 crew to return to Hong Kong, EASA says.
Bureaucratic issues triggered by the UK’s exit from the EU mean British cargo carrier One Air is having to send its Boeing 747s all the way to the U.S. for heavy maintenance.
Despite high demand for used serviceable material, AerFin sees growing challenges due to market conditions that are causing operators to reconsider its usage.
Factors such as new engine durability issues and extended lead times for engine parts are presenting challenges for MRO giant Air France Industries KLM Engineering & Maintenance.