Contrail Aviation Support, a U.S.-based provider of aircraft engine solutions and aftermarket services, has announced the appointment of Tom Keeler as its new Vice President Technical. Keeler brings decades of aviation industry experience and is expected to play a critical role in enhancing Contrail’s technical operations as the company expands its global footprint.
AAR (US) has announced the signing of an exclusive Distribution and License Agreement with BELAC, a subsidiary of Chromalloy (US), for PMA (Parts Manufacturer Approval) high-pressure turbine blades developed for PW4000 engine platforms. This agreement strengthens AAR’s position as a leading distributor of high-performance aftermarket aerospace components.
Pratt & Whitney (US) has reported a strong fourth quarter (4Q) 2024 performance, with sales increasing by 18% to $7.5 billion and operating profit rising 32% to $504 million. The results reflect higher demand for commercial and military engines, as well as robust aftermarket services growth.
Rolls-Royce (UK) has welcomed the arrival of the first Trent 1000 engine at its state-of-the-art MRO (Maintenance, Repair, and Overhaul) facility in Dahlewitz, Germany. This milestone signifies the beginning of Trent 1000 maintenance operations at the facility, further strengthening Rolls-Royce’s global MRO capabilities.
3TOP Aviation Services (UK) has announced the acquisition of an Airbus A318, serial 2931, along with its associated engines, serials 577823 and 697130. The ex-Tarom aircraft was recently ferried to the ecube facility in Spain, where it will be dismantled for material recovery.
Natixis Corporate & Investment Banking (CIB) (France) has provided financing for the acquisition of ten LEAP-1B engines by Phoenix Aviation Capital (Ireland) and AIP Capital (US). These engines are scheduled for delivery in 4Q 2024 and will be leased to a maintenance, repair, and overhaul (MRO) provider.
The Federal Aviation Administration (FAA) is actively addressing concerns related to the LEAP-1B engine, used on the Boeing 737 MAX aircraft, through its standard continued operational safety process. The initiative involves close collaboration with key stakeholders, including Boeing, engine manufacturer CFM International, and the European Union Aviation Safety Agency (EASA).
China Southern Airlines has issued a Request for Proposals (RFP) to qualified purchasers for the sale of 10 owned Boeing 787-8 aircraft and two GEnx-1B70/P2 spare engines. The aircraft and engines are scheduled for delivery to successful bidders during 2025 and 2026. The deadline for submitting bids is November 25, 2024.
Setna iO, a U.S.-based aviation solutions provider, has announced the acquisition of three CF6-80E1A4B engines, bolstering its inventory of high-demand components. This strategic purchase supports Setna iO’s commitment to providing flexible and reliable solutions for the aviation industry.
Iraero, a regional airline based in Russia, has successfully acquired six aircraft engines through an auction held by Tambov Airport. The starting bid for these engines was set at US$600,000, reflecting a strategic acquisition aimed at bolstering Iraero’s operational capacity and maintaining fleet reliability. The transaction highlights Iraero’s efforts to secure essential assets to support its operations amid fluctuating…
