AFI KLM E&M signed a contract with Air Mauritius to organize power-by-the-hour component support for its fleet of three ATR 72-500s.
Bart Reijnen has succeeded Mikkel Bardram as CEO of aftermarket services provider Satair.
Aviation Inventory Resources (AIR) has acquired 19 Saab 340B aircraft along with a spares inventory from American Airlines subsidiary Envoy Air.
Lufthansa Technik has signed a ten-year contract with Royal Brunei Airlines covering component support for its fleet of six A320s and upcoming delivery of seven A320neo aircraft.
Lufthansa Technik has signed a three-year component support agreement with Icelandic low-cost carrier WOW air, covering its three Trent 700-powered A330 aircraft.
Lufthansa Technik has announced the formation of a new parts business for the Asia-Pacific region - Lufthansa Technik Component Services Asia-Pacific.
Unremitting, above-inflation price rises for OEM-manufactured parts are an unwelcome feature of the aftermarket for airlines and lessors.
Engine components are the among the most severely affected: Life-limited part (LLP) prices for the CF6-80E, for instance, have almost doubled in the past 10 years, according to Engine Lease Finance Corp, while CFM56-7B LLPs are up 85 per cent.
Maintenance companies have responded by increasing the supply of used serviceable material (USM) and DER repairs, with USM estimated to have knocked $200m off new parts sales last year.
AAR’s growth in Europe is continuing at pace after the signing of another power-by-the-hour (PBH) component inventory management and repair services contract with Polish low-cost carrier (LCC) Enter Air.
Announced yesterday (September 5), the deal will see AAR provide with services on 19 of Warsaw-based Enter Air’s 737 aircraft, comprised of the classic and next-generation variety. While PBH announcements are common, the geographical location is another boon for a firm that has started similar agreements with a number of LCCs in the past few years.
AAR, the US-headquartered aftermarket specialist, has signed a power-by-the-hour (PBH) contract with Polish low-cost carrier Enter Air covering its fleet of 19 737 aircraft.