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Accordingly, the company changed its name to Air Maintenance Estonia. In 2010, the company was bought by private equity and venture capital investor BaltCap. In 2014, the company was renamed Magnetic MRO. One year later the company established a sales and engineering office in London, United Kingdom. In 2016, Magnetic MRO acquired a United ...
The commercial aviation engine MRO market is anticipated by Aviation Week & Space Technology to be $25.9 billion in 2018, a 2.5 billion increase from 2017, led by 21% for the Boeing 737NG' CFM56-7B and the A320's CFM56-5B and IAE V2500 (also on the MD-90) tied for second, followed by the mature widebody engines: the GE90 then the Trent 700. [27]
Delta TechOps invested in new MRO technology for engines to cut costs and boost revenue during 2012. [10] In 2013, Delta TechOps and EmpowerMX signed an agreement to employ the cloud-based FleetCycle® MRO Manager product as the primary maintenance-execution tool in all of Delta TechOps airframe MRO facilities. [ 11 ]
GA Telesis' initial investment by Tokyo Century Corporation, a Japanese financial services company, was a 20% stake in the company. [45] In 2018, All Nippon Airways and Tokyo Century acquired a 39% stake in GA Telesis, resulting in an increase of Tokyo Century's stake in the company to 49.2% and giving All Nippon Airways an initial stake to 10%.
The need for NextGen became apparent during the summer of 2000 when air travel was impeded by severe congestion and costly delays. Two years later, the Commission on the Future of the U.S. Aerospace Industry recommended that a multi-agency task force develop an integrated plan to transform the U.S. air transportation system.
ST Engineering Aerospace Engineering Pte Ltd - provides depot level maintenance, aircraft upgrading, refurbishment, major structural repair and life extension programmes for a wide range of military and general aviation aircraft including helicopters. they also provide extensive base and line maintenance services for commercial aircraft such as the B737 and A320.
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