FL Technics, a global provider of integrated aircraft maintenance, repair and overhaul services, earned €119 million in revenue in 2018, which is approx. 14% more than in 2017 (€103 million) and reached net profit of €10.8 million (€5,7 million in 2017). “Persistence, LEAN implementation in our maintenance process and a rapid reaction to ever changing competitive environment were the key [...]
AviaAM Leasing, a global aviation holding company engaged in tailored aircraft leasing and trading services, has announced that its joint venture with the Henan Civil Aviation Development and Investment Company (HNCA) – AviaAM Financial Leasing China – has recently acquired one more Boeing 777-300ER. The aircraft equipped with GE90-115BG03 engines joined the fleet with a lease agreement attached to the [...]
Commercial aviation forum AIR Convention Asia launched in Bangkok, Thailand on May 1, 2019. Inviting hundreds of aviation professionals, decision-makers and influential companies, the event is the biggest commercial aviation forum held in the country. “With 2019 promising to be the 10th consecutive year of aviation industry solid profit and Asia Pacific region standing as one of the key potential [...]
AviaAM Leasing, one of the most efficient aircraft leasing and trading companies around the globe, earned EUR 49.3 million revenues (including net gain on sale of aircraft) and posted a record net profit of EUR 29.1 million for the year ended 31 December 2018. The net profit grew by 9% as compared to 2017 (EUR 26.8 million). „This was a [...]
TAG Aviation Maintenance Services has selected Sensus MRO as its future operating system to complement Quantum, its legacy system. Sensus MRO is a web-based and field-proven Enterprise Resource Planning (ERP) solution for the MRO industry. It is developed and supported by Locatory.com a Lithuania based subsidiary of Avia Solutions Group. Sensus MRO will enhance TAG Aviation Maintenance Services’ customer experience [...]
AIR Convention’s Annual Aviation Industry Awards are back for 2019 prompting aviation industry giants to go up against each other once again. Last year big names like Airbus, Lufthansa, Norwegian and Changi beat out the competition in Aircraft Manufacturer, FSC, LCC and Airport categories. This year world’s leading companies will compete in ten categories for titles such as Low Cost [...]
AviaAM Leasing, a global aviation holding company engaged in tailored aircraft leasing and trading services, has announced the sale of two Airbus A321 aircraft to the global investors. Both aircraft are leased to Air Transat, Canada‘s leading holiday travel airline company, under 74 months operating lease agreements. AviaAM Leasing acquired aircraft at the beginning of this year and after administrating [...]
Searching and ordering of spare parts is a common and daily operation for most MROs and airlines. There is one key element in this procedure that everyone looks over until the time comes – the shipping of goods. This service is rarely a big problem for the biggest companies that do massive orders through their partners. However, shipping can become [...]
