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StandardAero Reports $5.2 Billion Revenue for 2024, With Q4 Growth of 21.8%

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StandardAero (US) has announced its 2024 financial results, reporting $5.2 billion in total revenue, marking a 14.8% year-on-year increase. The company’s Q4 2024 revenue surged by 21.8% to $1.4 billion, reflecting strong growth in its maintenance, repair, and overhaul (MRO) business. Despite the revenue gains, StandardAero posted a Q4 net loss of $14.1 million, attributed to operational costs and investment adjustments, while for…

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Setna iO Acquires CFM56-7B Engine for Immediate Teardown

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Setna iO, a US-based aviation company specializing in aftermarket aircraft components, has announced the purchase of a CFM56-7B engine for immediate teardown. This acquisition will bolster Setna iO’s ability to provide high-quality spare parts and components to its global customer base, ensuring reliable support for airline and MRO operations.

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Jet International Acquires Two CF34-8C Engines for Repair and Future Builds

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Jet International, a U.S.-based aviation parts and services provider, has announced the acquisition of two CF34-8C engines, obtained after teardown. These engines are scheduled for immediate repair and will be utilized in future engine builds, enabling Jet International to strengthen its support for airline and MRO (Maintenance, Repair, and Overhaul) clients who rely on CF34…