The Aero Gulf Group is confident it will make money overhauling engines in Norway, even though Pratt & Whitney incurred losses there.  At first glance, it might seem curious that the Bahrain-based helicopter operator purchased the CFM56 propulsion shop in Stavanger from Pratt & Whitney in August 2013—especially because the Middle Eastern company is not an engine expert. Pratt & Whitney had purchased the facility from Braathens ASA in 2000 to add CFM56-3 and -7 ...

THIS CONTENT REQUIRES SUBSCRIPTION ACCESS

You must have an Aviation Week Intelligence Network (AWIN) account or subscribe to this Market Briefing to access "Aero Gulf Shifts Strategy For CFM56 Overhaul Shop".

 

Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.

 

Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.

Already registered? here.