Asia-Pacific Aerospace Briefs Today
September 25th 2024
Today's briefs report news from AAR Corp, AirAsia X, Ametek MRO Asia, DHL Group, Honeywell Aerospace Technologies, Malaysia Airlines, Vietjet and Wego. Read More »
Aviation services company, AAR Corp, has reported net profit of US$18 million for the three months to August 31 2024, returning to profitability from a net loss of US$600,000 in the same three-month period in 2023. Revenue rose 20% to US$661.7 million, AAR Corp said in a regulatory filing. "Demand remains exceptionally strong for our services and we expect continued growth across both our commercial and government businesses," AAR Corp CEO, John Holmes, said.
Malaysia-headquartered AirAsia X said in a regulatory filing shareholders will vote on the proposed transaction to merge its business with AirAsia group carriers at an extraordinary general meeting on October 16.
Ametek MRO Asia has signed a 10-year agreement with Honeywell Aerospace Technologies to be a Honeywell authorised repair centre for the TPA100 series traffic collision avoidance systems used on the A320, A330, A340, 737, 747, 757, 767 and 777 platforms.
DHL Group said in its strategic framework the company was aiming to achieve 50% revenue growth by 2030, compared with 2023 levels.
Malaysia Airlines has signed a memorandum of understanding with Middle East and North Africa online travel company, Wego, to offer its flights for sale on the platform.
Vietjet has selected Honeywell Aerospace Technologies to supply avionics and aviation technical services in a deal worth US$1.1 billion.
