StandardAero has posted strong financial results for the first quarter of 2025, underscoring the continued momentum in the global MRO and aerospace services market. The company reported a 16.2% year-on-year revenue increase, reaching $1.43 billion, while net income rose to $59.8 million.
MTU Aero Engines reported first-quarter 2025 revenues of US$2.3 billion and adjusted earnings of US$340.9 million, driven by robust performance in both the original equipment manufacturing (OEM) and maintenance, repair, and overhaul (MRO) segments.
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.
Jordan Airmotive, a prominent MRO provider based in Amman, has announced a strengthened partnership with SCAT Airlines of Kazakhstan by expanding its scope of services to include maintenance and full overhaul capabilities for CFM56-7B engines. This move builds on a previously established relationship and reflects increasing regional demand for reliable engine support services.
STS Aviation Group (US) has announced two key executive promotions, effective immediately. Ethan Steele has been promoted to Executive Vice President and Head of Commercial, while Shane King has assumed the role of President of STS Aviation Services. These leadership changes reflect the company’s commitment to reinforcing its executive team as it expands its global footprint in MRO and engineering services.
EPCOR, a subsidiary of the Dutch aerospace group AFI KLM E&M, specializing in Auxiliary Power Unit (APU) services, and Finnair, the flag carrier of Finland, have agreed to extend their maintenance contract for an additional five years. This agreement covers the GTCP331-350 APUs installed on Finnair’s fleet of Airbus A330 aircraft.
Lufthansa Technik Malta has announced plans to build a new 6,400-square-meter hangar to support Boeing 787 cabin modifications, strengthening its MRO (Maintenance, Repair, and Overhaul) capabilities. The expansion will enable the company to increase service capacity and accommodate growing demand for cabin retrofits and upgrades.
AAR (US) has signed a multi-year nacelle maintenance, repair, and overhaul (MRO) agreement with Cebu Pacific Air (Philippines) to support the airline’s Airbus A320 fleet, powered by CFM56-5B engines. The contract will see AAR performing nacelle MRO services at its Chonburi, Thailand facility, reinforcing its commitment to expanding support for Asia-Pacific carriers.
Jordan Airmotive has successfully delivered a CFM56-5B engine to BOC Aviation (Singapore), further solidifying its reputation as a trusted provider of engine maintenance, repair, and overhaul (MRO) services. This delivery highlights Jordan Airmotive’s expertise in servicing high-demand commercial aircraft engines, ensuring reliability and efficiency for its leasing and airline partners.
FL Technics, a Lithuanian-based MRO provider, has announced the appointment of Donatas Dockus as the new CEO of Wright International, its Canadian subsidiary. The leadership change is part of FL Technics’ strategic expansion into the North American aviation market, reinforcing its global presence in the aircraft maintenance, repair, and overhaul (MRO) industry.
