Spirit AeroSystems Holdings, a leading U.S.-based manufacturer in the aerospace sector, has announced a purchase agreement to sell its subsidiary Fiber Materials to Tex-Tech Industries. The deal is valued at $165 million in cash, subject to customary adjustments.
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StandardAero (US) has entered into a General Terms Agreement (GTA) with T’way Air (South Korea) to provide MRO services for the airline’s CFM56-7B and LEAP-1B engines. This strategic partnership highlights StandardAero’s growing presence in the Asian aviation market and its commitment to delivering reliable maintenance solutions.
Collins Aerospace, a leading aerospace and defense company based in the United States, has entered a 10-year agreement with Spanish airline Air Europa to provide comprehensive maintenance, repair, and overhaul (MRO) services for the carrier’s Boeing 787 Dreamliner fleet.
ACIA Aero Leasing, based in Ireland, has signed a contract with Pratt & Whitney Canada for the purchase of ten new PW127M engines.
Satair, a Denmark-based aviation services company specializing in aircraft parts and solutions, and Eastern Airlines Technic, a major Chinese MRO provider, have signed a Letter of Intent (LOI) to begin discussions regarding a potential collaboration. This LOI signals a shared interest in exploring strategic opportunities to enhance their services and reach within the aviation sector, especially in the…
Airbus is actively evaluating the potential launch of the A220-500, an extended version of its A220 family, with production plans hinging on reaching a key milestone. According to Joost Van der Heijden, Senior Vice President for Commercial Aircraft Marketing at Airbus, the decision to proceed with the A220-500 will be considered once A220 production achieves…
Deucalion Aviation, a leading aircraft asset management company based in the UK, has appointed Nate Riggs as its new Chief Commercial Officer (CCO), effective in early 2025.
