- Atlas Air Worldwide Holdings, Inc. AAWW subsidiary Atlas Air, Inc. has signed a Memorandum of Agreement to enter into a joint venture with Sharp Technics K to develop a maintenance, repair, and overhaul (MRO) facility at Incheon International Airport (ICN) in South Korea.
- Sharp Technics K is a provider of heavy maintenance services for wide-body aircraft.
- The maintenance facility is expected to open in 2025.
- The facility at Incheon Airport will accommodate multiple wide-body aircraft simultaneously.
- Price Action: AAWW shares are trading lower by 0.19% at $73.34 on the last check Tuesday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in
