Asia-Pacific Aerospace Briefs Today
August 31st 2023
Today's briefs report news from AAR Corp, Airbus, China Aircraft Leasing Group Holdings and Moog Inc. Read More »
Aviation services provider, AAR Corp, has signed two agreements with aviation parts manufacturer Moog Inc. AAR Corp will distribute Moog's products and both companies will offer reciprocal component repair services.
Airbus has opened an equipment installation hangar at its Hamburg Final Assembly Line to support the output of its A321XLRs. The air framer said the facility, which can equip eight rear fuselages simultaneously, will aid the production of A320 family airliners in reaching the OEM’s target of rolling out 75 aircraft a month by 2026.
China Aircraft Leasing Group Holdings said its China Asset Leasing Company subsidiary achieved a net profit of 327.4 million (US$45 million) and total revenue of 1.8 billion yuan for the six months to June 30 compared with a net profit of 216 million yuan and revenue of 1.4 billion yuan in the same months last year.
