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AE Industrial Acquires Air Transport Components For Repair Platform

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AE Industrial Partners, a U.S.-based private equity firm specializing in aerospace, defense, and industrial services, has acquired Air Transport Components (ATC), also based in the U.S., to serve as the cornerstone of a new aviation services platform. The acquisition marks a significant step in AE Industrial’s strategy to build an end-to-end component and accessory repair ecosystem tailored to commercial, cargo, and military aviation segments.

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MTU Maintenance Zhuhai Jinwan Begins Operations, Specializing in PW1100G-JM Engines

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Triumph Group Posts 1% Sales Increase, $11.9M Net Income for 2Q Fiscal 2025

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Triumph Group, a US-based aerospace systems and components provider, has reported its financial results for the second quarter of fiscal 2025, which ended September 30, 2024. The company achieved a 1% increase in net sales, totaling $287.5 million, and posted net income from continuing operations of $11.9 million. These results reflect Triumph Group’s steady progress in its fiscal strategy, focusing on enhancing…

Ilyushin Finance Transferred to Rostec’s Avia Capital Services

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Ilyushin Finance Co. (IFC), a prominent aircraft leasing company in Russia, has officially transitioned under the control of Avia Capital Services, another leasing entity managed by Rostec, the Russian state corporation. This strategic move consolidates Rostec’s influence in the aviation leasing market, streamlining operations within its ecosystem.

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European Commission Approves Remedy Takers for ITA Airways Deal

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The European Commission has granted approval under the EU Merger Regulation for easyJet (UK), IAG (UK), and Air France-KLM as suitable remedy takers. This decision comes as part of the commitments made by Lufthansa (Germany) and the Italian Ministry of Economy and Finance (MEF) to secure joint control over ITA Airways (Italy).