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…
Aeolus Engine Services, based in Ireland, has strategically expanded its engine portfolio with the purchase of four CFM56-7B26/3 engines. These engines, acquired in ‘As Removed’ condition, signify the company’s commitment to enhancing its capabilities in the maintenance, repair, and overhaul (MRO) of commercial aircraft engines.
MTU Maintenance (Germany) has appointed Gernot Sell as the new General Manager of MTU Maintenance Dallas, effective February 1, 2025. He takes over from Nezam Moghadassian, who is retiring after years of leadership within the company.
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.
AFI KLM E&M (France) and AAR (US), two major global players in the aviation maintenance, repair, and overhaul (MRO) industry, have announced a strategic partnership to form a joint venture in the Asia-Pacific region. The JV will be headquartered in Chonburi, Thailand, and will specialize in the maintenance and support of nacelles for new-generation aircraft.
EgyptAir Maintenance & Engineering (M&E) is pursuing a strategic joint venture with an undisclosed Middle East-based engine specialist, aligning with the group’s ambitious new five-year strategy. This partnership aims to bolster EgyptAir M&E’s capabilities in engine maintenance, repair, and overhaul (MRO) services while expanding its influence in the Middle East aviation market.
