Jordanian MRO and engineering company Joramco – part of the DAE Group – kicked off the MRO Middle East show in Dubai today with the first announcement of the event.

The OEM is hoping that by proving its ability to produce H175 components normally supplied by Chinese industry within Europe, it could comfortably propose a military version—called H175M—to meet the UK’s upcoming New Medium Helicopter (NMH) need. 

The former Triumph Group aerostructures business recently acquired by private equity firm Arlington Capital Partners has been rebranded Qarbon Aerospace and could be looking to acquire other assets in the embattled sector.

Based on Airbus’ latest thinking that single-aisle demand will return sooner than expected, the OEM is resuming preparatory work for a new narrowbody final assembly line in Toulouse to be operational by the end of 2022.

Last month, PCX Aerosystems announced it was buying nearby Senior Aerospace Connecticut. This month, Greenbriar Equity Group announced it will buy PCX from RFE Investment Partners.

Airbus CEO Guillaume Faury warned April 29 that there is a “lack of predictability” as to the expected recovery of the industry as trends have diverged in different regions, even though the company posted relatively good results for the first quarter.

Depressed commercial aerospace returns still could not dampen earnings or sentiments at Raytheon Technologies after the company April 27 reported its mildly better-than-expected financial results for the first quarter of 2021.

A common practice used by airlines to reduce fuel costs could undermine the objectives of a planned EU mandate to blend sustainable aviation fuel (SAF) with fossil jet fuel starting in 2025, an environmental organization has warned.