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The electric vertical takeoff and landing (eVTOL) industry represents the next frontier in aviation, with JPMorgan analysts projecting a $1 trillion market opportunity by 2040. Among the companies ...
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 ]
In 2018, Magnetic MRO was acquired by Guangzhou Hangxin Aviation Technology from BaltCap, a move consistent with Magnetic's desire to expand into the Chinese aviation market. [3] Since February 2019, bonds of Magnetic MRO with a redemption date in December 2021, have been traded on the Nasdaq Tallinn exchange as part of the MTF First North list ...
In 2021, JETMS launched a new line maintenance station located at Nice Côte d’Azur Airport in France. [10] In Sep 2021, JETMS receives new Maintenance Organisation Approval Certificate (MOAC) issued by the United Kingdom Civil Aviation Authority (CAA) to conduct base and line MRO services on Embraer EMB135/145 aircraft. [11]
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.
In December 2022, Boom announced the Symphony, a new propulsion system to be designed for the Overture. Boom will work with three companies to develop Symphony: Florida Turbine Technologies for engine design, GE Additive for additive technology design consulting, and StandardAero for maintenance. [27]
The revised setup of SWIM reduces costs, can increase operational efficiency, and opens the possibility of creating new services for the aviation community. Data sharing among pilots, flight operations personnel, controllers, and air traffic managers will be essential to achieving a NextGen objective of trajectory-based operations. [146]
The company was founded by Ira Allen Eichner in 1951, to supply radios and other equipment to the commercial aviation industry. [4] I.A. Allen Industrial was incorporated in 1955, renamed Allen Aircraft Radio (AAR) in 1962, and became AAR CORP. in 1970. [4] Also, in 1969, AAR began its aircraft maintenance business in Oklahoma City.
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