| | | |

Airbus Negotiates Daher Acquisition in Aerostructures

Airbus has initiated negotiations with Daher, a French aerospace company, for the potential acquisition of aerostructures subassembly activities related to the A320 family near Nantes, France. This move aligns with Airbus’s strategy to streamline its supply chain and strengthen its position in the aerostructures market.

|

Itasca MGA Structures Credit Insurance for JLPS Ireland

Itasca MGA, a UK-based insurance provider, has structured a comprehensive aircraft non-payment credit insurance policy for JLPS Ireland. The policy covers three Airbus A321neos, built in 2023, which are leased to an ultra-low-cost carrier (ULCC). The financing for these aircraft was provided by the Commonwealth Bank of Australia’s Tokyo branch.

| |

Pratt & Whitney’s GTF Engine Certified for A321XLR

Pratt & Whitney, a leading aerospace engine manufacturer based in the United States, has received FAA certificationfor its GTF (Geared Turbofan) engine to power the Airbus A321XLR. The updated engine type certificate, granted on 12 December 2024, applies to the PW1100G-JM engine and now includes its use for the A321XLR, Airbus’s latest long-range narrow-body aircraft.

| | |

Airbus Nears Deal with Spirit AeroSystems

Airbus is reportedly close to signing a definitive agreement with Spirit AeroSystems (US) for the acquisition of Airbus-related work packages. The deal is expected to be finalized within the next few days, as Spirit prepares for its pending takeover by Boeing. This agreement could redefine the competitive landscape in the aerospace sector, with Montana Aerospace (US) emerging as a potential bidder for the divested packages.

| | | | | |

Half of PIA Fleet Grounded Due to Parts Shortage

Pakistan International Airlines (PIA) is facing operational challenges with 17 of its 34 aircraft grounded due to a critical shortage of spare parts. The grounded fleet includes seven Boeing 777s, seven Airbus A320s, and three ATRs, significantly impacting the airline’s capacity to maintain its scheduled operations.