Weekly Newsletter - 18th April 2024
Lufthansa Technik signs MRO contract for Frontier Airlines’ Airbus fleet
Lufthansa Technik has secured a significant five-year contract with ultra-low fare carrier Frontier Airlines, providing base maintenance services for their Airbus A320 aircraft family. Additionally, an agreement for digital aircraft diagnostic services through the AVIATAR platform has been established.?The contract entails approximately 300 aircraft maintenance events for Frontier Airlines in Puerto Rico over the next five years. This collaboration follows a successful one-year partnership on base maintenance services at Lufthansa Technik’s base maintenance site in the Americas. Lufthansa Technik has been providing components services to the US airline for several years. Read More...
VAS Aero Services and SR Technics to continue component support for Pratt & Whitney PW4000-100 engine
VAS Aero Services and SR Technics have announced an extension of their supply program agreement focused on the Pratt & Whitney PW4000-100” engine maintenance operations. This move strengthens the existing close relationship between the two leaders in aviation aftermarket services and reinforces their commitment to delivering high-quality engines and materials to the industry. The extended supply program agreement between VAS Aero Services and SR Technics reflects a shared commitment to excellence, efficiency, and customer satisfaction in the aviation aftermarket services sector. Read More...
RTX’s Pratt & Whitney to invest $40 million for West Palm Beach facility capacity boost
Pratt & Whitney, a business under RTX, has announced a significant $20 million investment to expand the maintenance, repair, and overhaul (MRO) capacity of its West Palm Beach Engine Center for the Geared Turbofan (GTF) engine. This expansion aims to accommodate a 40% increase in capacity and is projected to be completed by the second half of 2025. To facilitate the planned growth, the West Palm Beach facility will increase its workforce by 25% over the next year and will acquire critical equipment for areas such as machining, testing, cleaning, and warehousing. It will also integrate transformative technologies developed at the recently unveiled North American Technology Accelerator. Read More...
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Airbus and?Azul Linhas Aéreas sign Flight Hour Services contract covering over 100 aircraft
Airbus and Azul Linhas Aéreas, a Brazilian carrier, has reaffirmed its commitment to operational excellence by extending its Airbus Flight Hour Services (FHS) agreements for its A320 and A330 Family aircraft, encompassing over 100 aircraft in its fleet. The multi-year agreements, centered on maintenance-by-the-hour contracts, signify Azul’s ongoing trust in Airbus to deliver integrated component services, including on-site stock, pool access, as well as repair and engineering services for a wide array of rotable parts. This strategic collaboration will enable Azul to leverage Airbus’s engineering expertise and benefit from the support of local FHS representatives in Brazil. Read More...
Indian aero parts maker JJG Aero secures $12 million in?funding?from CX Partners
JJG Aero, a prominent aerospace components manufacturer based in Bengaluru, the aerospace hub of India, has recently secured a substantial investment of $12 million from CX Partners, a leading private equity firm. This funding marks JJG Aero’s first round of external funding and is expected to fuel its ambitious expansion plans. Alongside JJG Aero, another aerospace startup based in Hyderabad, Jeh Aerospace, has also received a significant boost with a $2.75 million funding round led by General Catalyst, a venture capital firm based in San Francisco. Read More...
Voyageur Aviation Corp to upgrade Canada’s Department of National Defence CT-142 Fleet
Voyageur Aviation Corp. has recently secured a significant contract with the Department of National Defence (DND) to upgrade their fleet of?De Havilland Canada?Dash 8-100 CT-142 aircraft. This contract underscores Voyageur’s expertise in providing specialized services for special mission aircraft, including engineering services, maintenance, parts support, logistics, and aircraft operations. The DND’s 402 Squadron in Winnipeg utilizes a fleet of four CT-142 aircraft for training Air Combat Systems Officers (ACSO) and Airborne Electronic Sensor (AES OP) Operators. The planned upgrades encompass enhancements to communications, navigation, surveillance, air traffic management avionics, as well as the integration of upgraded radar systems along with training. Read More...