SpeedNews

ATR

CURTISS-WRIGHT announced $100m expansion (to $150m) of its 2024 share repurchase program over its confidence to produce future profits; upon completion of program, it will have remaining open repurchase authorization of $300m.

Aerospace

ITOCHU, Japan made strategic investment into Ireland's KILLICK AEROSPACE to enter aircraft aftermarket business.

MRO

DNATA was selected by easyJet to provide ground handling at Zurich.

MRO

LATAM AIRLINES GROUP launched $360m cabin reconfiguration program for its 24 787s that includes new Premium Business cabin with RECARO R7 seats, including doors for privacy; mods are scheduled to be completed in 2H26.

MRO

MY FREIGHTER AIRLINES, Uzbekistan received certificate of organization for A320 Family aircraft line maintenance.

MRO

Felipe Garcia to Component Shop Manager (for landing gear and wheel/brake services) of C&L Aviation Services, Bangor, ME.

MRO

SIA ENGINEERING (PHILIPPINES) completed 6YE maintenance check on a 12th A321neo for Hawaiian Airlines.

MRO

FTAI AVIATION completed acquisition of LOCKHEED MARTIN COMMERCIAL ENGINE SOLUTIONS (LMCES), which operates 526,000 sq ft CFM56 maintenance/repair facility in Montreal, from Lockheed Martin Canada; coupled with QUICKTURN in Miami, FTAI now has capacity to perform 1,350 CFM56 module overhauls and >500 engine tests annually.

MRO

TATA ADVANCED SYSTEMS was selected by Lockheed Martin as C-130J partner in India to establish MRO facility for IAF's 12 aircraft and expand manufacturing and assembly to support IAF's Medium Transport Aircraft (MTA) program.

Defense