Brazil’s GOL secures $160 million loan for MRO activities
Brazilian airline GOL has secured a $160 million loan to fund maintenance, repair and overhaul activities. The financing provides dedicated capital for the carrier’s MRO requirements.
Brazilian airline GOL has secured a $160 million loan to fund maintenance, repair and overhaul activities. The financing provides dedicated capital for the carrier’s MRO requirements.
MRO
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Brazilian airline GOL has secured a $160 million loan to fund maintenance, repair and overhaul activities. The financing provides dedicated capital for the carrier’s MRO requirements.
High activity
Air India plans to add more than 100 aircraft across its group in 2027 and 2028 as it pursues a fleet overhaul despite ongoing challenges. Meanwhile, Akasa Air has agreed to a sale-and-leaseback for up to seven Boeing 737-8-200s with Avolon to support further growth.
High activity
Airlines are gradually restoring grounded aircraft to service after a years-long engine crisis, improving fleet availability while facing a slower financial recovery. The costs of repairs, maintenance and prolonged downtime continue to weigh on operators even as aircraft return to active fleets.
High activity
GOL CEO Celso Ferrer will leave the Brazilian carrier at the end of August to lead Boeing’s Latin America and Caribbean business. André Fehlauer will become GOL’s CEO in September 2026, while Albert Perez will serve as president and chief operating officer as Abra Group pursues the airline’s international ambitions.
Cebu Pacific expects the full restoration of aircraft affected by Pratt & Whitney’s GTF engine problems could be delayed until 2028, despite improving shop turnaround times. The warning underscores continuing industrial risk around engine availability and the potential for prolonged fleet constraints.
Marshall Group says it is pursuing a comprehensive sales process for Marshall Aerospace, its final remaining division and a UK-based military maintenance, repair and overhaul provider. The family-owned company aims to identify a buyer and complete the divestment by the end of this year.
N. Chandrasekaran will not seek another term as Tata Sons chairman when his current tenure ends on February 20, 2027. His planned departure opens a leadership transition for the Tata Group as it advances Air India’s transformation and broader aviation and MRO strategy.
The U.S. Army awarded Collins Aerospace an engineering-services contract worth up to $472 million to support CH-47 Chinook avionics modernization, upgrades and sustainment. The award follows a separate $876 million Boeing contract for Block II Chinooks, taking Army investment in fleet modernization above $1 billion.
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