Heico Corp.’s commercial aviation-focused Flight Support Group (FSG) has posted its fourth straight quarter of revenue growth, adding another data point that suggests increased flying is translating into a broader aftermarket recovery.
Europe’s slow recovery is being offset by increasing headwinds in Asia, creating a mixed near-term outlook for some aftermarket providers, Bank of America analysts report.
Israel Aerospace Industries (IAI) has signed an agreement with Ethiopian Airlines to create a new Boeing 767 passenger-to-cargo conversion center in Addis Ababa, with three Ethiopian Airlines 767-300s set to launch the new venture.
Increased flight activity during the last quarter boosted TransDigm’s aftermarket sales both sequentially and year-over-year (YOY), yet another positive sign that the sector is in recovery mode.
The study, conducted by the DLR’s Institute of Maintenance, Repair and Overhaul (MRO), focused initially on engine washes as part of a broader effort to develop a modular framework for life-cycle assessment of aircraft maintenance.
Etihad Airways’ engineering arm plans to team up with two specialists in 3D printing to research the possibility of applying the technique to serial production of cabin components.