N3 Engine Overhaul Services, the Germany-based joint venture between Rolls-Royce and Lufthansa Technik for engine maintenance, has named Holger Sindemann as its new Director and General Manager. Sindemann assumes the role on behalf of Rolls-Royce, succeeding Carsten Behrens, who has stepped down after a three-year tenure as planned.
Saudia Group has entered into a 13-year maintenance agreement with Air France-KLM Group, under which Air France Industries (AFI) will provide comprehensive support for 86 GE90 engines powering Saudia’s Boeing 777 fleet. The agreement represents one of the largest long-term engine maintenance contracts involving the GE90, the world’s most powerful commercial jet engine.
MTU Aero Engines, Germany’s leading aircraft engine manufacturer, has updated its financial projections, raising its 2025 revenue forecast to between $9.9 and $10.1 billion. The company also released its initial 2030 outlook, anticipating a strong trajectory for growth driven by expanding engine aftermarket services and production ramp-ups.
Frontier Airlines, a U.S.-based ultra-low-cost carrier, has announced the selection of GTF engines from Pratt & Whitney to power its incoming fleet of 91 Airbus A321neo aircraft. The first aircraft is expected to be delivered in the fourth quarter of 2026, reinforcing the airline’s commitment to operational efficiency and sustainability.
Pratt & Whitney has introduced a significant performance enhancement for its PW1100G-JM engine, known as the Hot Section Plus (HS+) upgrade. This new offering is derived from the company’s GTF Advantage technology and is aimed at improving the durability and operational efficiency of engines powering the A320neo aircraft family.
Jambojet, a regional low-cost airline based in Kenya, has obtained a $13.4 million loan from NCBA Group for the financial year ending December 2024. The funding is part of a strategic move to restructure aircraft leases and cover engine maintenance costs, reflecting the airline’s ongoing focus on operational stability and fleet reliability.
StandardAero, a major US-based MRO and aerospace services provider, has announced the pricing of an underwritten public offering of 30 million shares of its common stock. The shares, priced at $28.00 each, are being offered by two of the company’s current stockholders and not by StandardAero itself.
Air Astana Group, the national airline of Kazakhstan, has confirmed that the delivery of its first Boeing 787-9 has been pushed to the second half of 2026, marking a delay from the previously expected timeline. The move comes amid broader adjustments to fleet schedules as the carrier aligns its long-haul strategy with updated operational forecasts and capacity planning.
Lufthansa Technik reported a 49.5% increase in adjusted EBIT to US$183 million during the first quarter of 2025, supported by a robust 18.4% growth in revenue to US$2.2 billion. The results reflect sustained recovery in global MRO (maintenance, repair, and overhaul) demand.
Lion Air, one of Indonesia’s largest low-cost carriers, has selected StandardAero, a leading independent MRO provider, to deliver maintenance, repair, and overhaul (MRO) services for its CFM56-7B engine fleet. These engines power the airline’s large fleet of Boeing 737 Next Generation aircraft.
