Inside MRO News Briefs And Contracts
Canadian MRO Enters Bankruptcy
Canadian MRO Springer Aerospace has begun restructuring proceedings following pandemic-related financial woes. It is now seeking potential buyers for its assets and business operations, which are based in Echo Bay, Ontario.
In court documents from Springer Aerospace’s Companies’ Creditors Arrangement Act application, filed in late November 2022, the company attributes its adverse financial situation to COVID-19 impacts on the industry, and “unusually high rates of employee turnover and operational inefficiencies from a rapid expansion of the business that was undertaken just prior to the COVID-19 shutdowns.” Its pre-pandemic expansion in 2020 included growth in its operations and services, as well as construction of a new hangar. The documents note that the company’s outstanding debt was $C5.74 million ($4.25 million) as of the summer of 2022.
Under the restructuring proceedings, Springer Aerospace has received approval for a sale and investment solicitation process (SISP) for its assets and business operations. The SISP will be used to seek opportunities for a sale, restructuring, recapitalization or other form of reorganization of its assets and operations.
Lufthansa Technik To Expand in Shannon
As part of plans to grow its maintenance operations in Ireland, Lufthansa Technik Turbine Shannon (LTTS) has announced additions to the site’s capacity, capabilities and workforce.
The Shannon-based company plans to add 22,000 ft.2 of capacity with a new facility to house expanded repair services and manufacturing capabilities on CFM International CFM56 and International Aero Engines (IAE) V2500 engines, as well as new-generation engines such as the Leap and Pratt & Whitney geared turbofan.
LTTS has operated in the mid-west region of Ireland since 1992 and specializes in the repair of components for both high-pressure and low-pressure turbines for CFM, IAE and GE-manufactured engines.
Operations at the new facility are expected to begin in the first quarter of 2023. The move is expected to result in the creation of 25 technical jobs.
Asia Digital Engineering Opens Johor Facility
Asia Digital Engineering (ADE), the engineering arm of AirAsia parent Capital A, has opened a new hangar in Johor Bahru, Malaysia and is offering its MRO services to third-party clients.
Situated at Johor Bahru Senai International Airport, the 5,000-m2 (54,000-ft.2) hangar will provide services including component support, line maintenance and base maintenance primarily for the Airbus A320 and A330 aircraft types the AirAsia Group operates.
Capital A says the new hangar will be used to expand ADE’s aircraft engineering presence in the region. ADE CEO Mahesh Kumar says part of the expansion road map includes establishing a training school for aviation professionals and aerospace engineering students. ADE also plans to extend its expertise to additional aircraft types.
Contracts
AeroCheck MRO won a Breeze Airways contract to provide Embraer 190 and Airbus A220 aircraft-on-ground (AOG) services and line servicing at Phoenix.
Ametek MRO AEM was selected by ASL Aviation Holdings for Boeing 737 landing gear maintenance and exchange services.
AvAir completed an agreement with Sanad Group to create a global component exchange pool with over 6,000 OEM-tagged line replaceable units (LRU) for Boeing, Airbus and Embraer aircraft.
Collins Aerospace extended its Dispatch flight-hour avionics support agreement with China Southern Airlines for Boeing 787s.
Embraer was selected by Vortex Aircraft Services to provide its Beacon maintenance coordination platform for faster AOG return to service.
EPCOR was selected by Akasa Air to provide Leap LRU and GTCP131-9B auxiliary power unit (APU) support for its Boeing 737-8s.
Iberia Maintenance won a multiyear RwandAir contract to provide CFM56-7B/-7BE maintenance for its Boeing 737NGs.
Lufthansa Technik received a six-year Air France contract to provide HGT1700 APU maintenance for its Airbus A350s.
Safran Helicopter Engines was awarded a Yellowhead Helicopters contract to maintain 21 Arriels out of Mirabel, Quebec.
SR Technics was selected by SereneAir of Pakistan to provide CFM56-7B maintenance in support of four Boeing 737-800s.
ST Engineering secured CFM56-7B maintenance contracts from two airlines in Asia for work in Singapore and Xiamen, China.
Contract Source: SpeedNews