News

2024-02-02

The increased scrutiny of Boeing Co.’s safety record after the mid-air blowout of part of the fuselage on an Alaska Airlines flight has served to highlight the dominance the US planemaker and rival Airbus SE have in the global aviation market.

2024-01-26

Akasa Air, India's youngest low-fare carrier, has purchased over 300 engines from CFM International to power the 150 aircraft it purchased from American plane manufacturer Boeing earlier this month, according to a report by The Economic Times (ET).

2024-01-26

Airbus SE is seeking to persuade customers to return some aircraft delivery slots that it could then hand over to United Airlines Holdings Inc., going all out for the rare chance to snatch a marquee order away from embattled rival Boeing Co.

2024-01-15

US aircraft maker Boeing on Monday announced the opening of a warehousing facility at Khurja in Uttar Pradesh for parts supply. The 36,000-sq ft India Distribution Centre, being operated in collaboration with third-party logistics provider DB Schenker, will support regional aviation customers in maintaining higher fleet utilisation, the company said in a statement.

2023-12-28

Turkey has asked the US for permission to co-produce GE Aerospace engines used in F-16 jets, with an aim to deploy them for its own domestically produced fighter plane.

2023-12-19

Ethiopian Airlines Group secured a $450 million loan from Citigroup Inc. to finance five new Boeing Co. aircraft as Africa’s largest carrier looks to expand its fleet in the coming decade.

2023-12-08

Thai Airways International Pcl is leaning toward awarding a winner-take-all widebody jet deal to Boeing Co. after a rival offer by Airbus SE was thwarted by a stalemate with a key partner.

2023-11-29

The traditional process of procuring spare parts for aircraft leads to a lot of excessive costs, manual work overload and constraints including locking up valuable capital of airlines, but there is a better way forward thanks to technology. Aviation is one of the most challenging industries because of its razor thin margins, complex makeup and unique nuances. And the most difficult subset of this ecosystem is managing the maintenance, repair and operations of aircraft.

2023-11-03

In a move that may further worsen Go First's chances of revival, the Directorate General of Civil Aviation (DGCA) has told the Delhi High Court that the airline's aircraft and engines can be returned to the lessors.

2023-11-02

Boeing Co.’s website selling spare aircraft parts, software and services was offline Thursday after the aerospace giant acknowledged it was dealing with a cyberattack.

2023-10-31

ANA Holdings Inc. said it will need to inspect Pratt & Whitney engines on 33 of its Airbus SE narrowbody jets from January, resulting in a reduction of international and domestic flights and an ¥8 billion ($53 million) hit to revenue.

2023-10-12

EasyJet Plc placed the biggest aircraft order in the discount carrier’s history, potentially buying as many as 257 jets from Airbus SE in a commitment valued at almost $20 billion as it seeks to benefit from booming travel demand and get its hands on planes that are rapidly selling out.

2023-10-12

A little-known distributor in London sold thousands of engine components with bogus documentation. Carriers and repair shops are frantically hunting them down. This spring, engineers at TAP Air Portugal’s maintenance subsidiary huddled around an aircraft engine that had come in for repair. The exposed CFM56 turbine looked like just another routine job for a shop that handles more than 100 engines a year. Only this time, there was cause for alarm.

2023-10-03

Delta Air Lines Inc. says some of its aircraft have flown with engines using improperly documented components, a disclosure indicating the extent to which parts linked to a British distributor have been sold globally.

2023-09-08

Airlines and aircraft engine makers are racing to identify bogus spare parts that have infiltrated the global fleet via an obscure UK supplier, a potentially costly and complicated forensic endeavor affecting the world’s most widely flown passenger jets.

2023-08-21

Ethiopia’s national carrier, Ethiopian Airlines, will launch a $15 million venture with US aerospace major, Boeing, to manufacture aircraft parts, according to the government’s investment agency.

2023-08-18

US aviation regulators outlined inspections needed for potentially faulty parts on some of Pratt & Whitney’s geared turbofan engines that power Airbus SE’s best-selling A320neo model.

2023-08-03

Chinese air traffic, having gone through one of the deepest COVID-19 slumps, is now recovering fast. However, increased traffic is leading to increased demand for parts, and airlines are struggling to keep up. Supporting China's rapid recovery may require Chinese regulators to flex their rules on used parts—or U.S. companies may need to try harder to conform to existing rules.

2023-07-25

In the world of commercial aviation, PMA (Parts Manufacturer Approval) manufacturers play a crucial role in ensuring the safety and efficiency of aircraft by keeping them flying with high quality parts. Because these parts are not made by Original Equipment Manufacturers (OEMs) like Airbus and Boeing, they cost less to buy. However, because PMA parts have been certified by aviation authorities such as the FAA and EASA, they are just as safe and reliable as OEM parts — if not more so!

2023-06-27

China Airlines has made an order for 17 GEnx-1B engines and spares from General Electric (GE) Aerospace to power its growing fleet of Boeing 787 Dreamliner commercial jets. The order also includes a comprehensive services agreement.

2023-06-16

A dozen years ago, Airbus SE stormed the Paris Air Show with the A320neo, a single-aisle jet boasting improved fuel economy and less noise. A key part of the sales pitch was the choice of competing engines from Pratt & Whitney and CFM International made with advanced coatings and composites, giving the planes a faster cruising speed with lower emissions.

2023-05-16

The global aircraft aftermarket parts market size is expected to gain momentum by reaching USD 47.33 billion by 2028 while exhibiting a CAGR of 6.12% between 2021 and 2028. This information is published by Fortune Business Insights in its latest report, titled, “Aircraft Aftermarket Parts Market, 2021-2028.”

2023-04-13

From engines to landing gear, the hunt is on for aircraft parts as airlines prepare their jets for swarms of summer travelers, with new planes from Boeing and Airbus still in short supply. The search for parts leads some aircraft owners here, where older, retired planes are stripped for parts that will be prepared to fly on other planes or repurposed altogether. Some parts can be turned into high-end furniture, like $42,000 desks.

2023-03-10

Supply-chain issues and labour shortages are presenting lesser-known problems for the maintenance, repair and overhaul (MRO) sector that are affecting the ability of airlines to return to pre-pandemic operations.

2023-03-09

This year was supposed to herald air travel’s big comeback, with China reopening, airlines ramping up flight schedules and airports going on a hiring spree to handle the surge. But a potential bottleneck to that growth is looming in form of a shortage of aircraft engines and spare parts, particularly on workhorse Airbus SE and Boeing Co. jets.

2023-02-16

The aviation industry has been experiencing challenge after challenge over the last couple of years. And yet it was able to show resilience in the face of adversity. While we continue to see a gradual recovery of the industry, there still have been some challenges in 2022 that have had a significant impact on various business segments of the aviation industry, aircraft parts procurement included.

2023-01-26

Carriers forced to fly ageing jets boost aerospace suppliers such as AAR and Heico. Aerospace suppliers that maintain planes and furnish spare parts are enjoying a boom thanks to a revival in air travel and slow deliveries of new aircraft. Strong demand for their services is evident in the Rockford, Illinois, hangars of AAR, one of the leading companies in the sector with a market value of $1.7bn.

2022-10-04

For the better part of the last year, staffing shortages have impacted airlines from the flight deck to the cabin to the ground to the terminal. Now the industry might have two additional problems. The two major airplane manufacturers, Boeing in the U.S., and Airbus in France are having supply chain issues that threaten to leave airlines with a shortage of planes.

2022-09-27

reverberating from Boeing (BA.N) to Airbus (AIR.PA). Like other companies that supply precision cast parts for everything from landing gear to engine components, Mitchell Aerospace is facing a labor shortage expected to hobble plane production through 2023.

2022-08-02

Covid 19 impact did not spare the commercial aircraft aftermarket parts sector. For instance, Airbus SAS deliveries dropped from 571 aircraft in 2019, to 341 aircraft in 2020. Globally one saw 40% of aircraft deliveries negatively impacted. This naturally had a chain reaction across MRO and commercial spare parts or aftermarket parts businesses, reflected by the sharp reduction in the demand for the above activities.

2022-05-12

The platform would allow Finnair to combine shipments, simplify logistics and reduce its carbon footprint, to further support its strategy of becoming carbon neutral by 2045.

2022-04-29

Airbus SE has reached a deal with engine maker Safran SA covering quantities for 2024, pointing to a possible easing of tension between the planemaker and a key supplier over narrow-body aircraft production rates.

2022-04-22

Suspected Unapproved Parts (SUPs) is the FAA’s polite term for counterfeit aerospace parts — almost always of inferior quality — that have made their way into the supply chain, and into aircraft. If an MRO unintentionally uses SUPs, the dangers range from unexpected technical issues, causing Aircraft on Ground delays, to aircraft failures and fatalities.

2022-02-23

Raytheon Technologies Corp. will delay shipping roughly 70 jet engines to Airbus SE in the first quarter, hamstrung by a shortage of metal castings from suppliers.

2022-02-10

Pulling up to the hangar, you are eager to check the progress of the work on your airplane. The installation of your Garmin, Aspen, or Avidyne avionics finally finished up last month, and you need a little more time familiarizing yourself with them before that big cross-country flight next month. The cost consumed your entire profit-sharing bonus, but it was worth it.