Overhauled seats can save 40-60% of new seat costs.

The ownership of the company has been the subject of speculation for some time with its Chinese owners reportedly weighing up a sale of the business.

Boost centered on airline mechanics while real pay for independent MRO shop and OEM mechanics flat.

Process ensures seamless transition through Brexit, UK-based company says.

The issues combined cost the aircraft manufacturing about $1 billion in the first quarter of this year.

Olivier Mongenot, president of the landing gear and hydraulic component specialist, talks to James Pozzi about the latest developments at the company.

The seating specialist says terms can be tailored for operator preferences.

Despite overall revenue slides, the manufacturer's services unit produced a stellar first quarter.