SpeedNews

Jonathan Arena to Executive Vice President, Chief Legal and Compliance Officer, and Secretary of Howmet Aerospace, Pittsburgh.

LUFTHANSA TECHNIK unveiled The BOW modular narrowbody VIP cabin concept in partnership with DESIGNWORKS.

EXSYN AVIATION SOLUTIONS was selected by Volotea to provide its Predictive Spare Parts Planning solution to enhance MRO forecasting.

VERYON expanded partnership with Jazz Aviation to provide ADS Plus troubleshooting solution as part of a broader fleetwide diagnostics strategy.

VISTA, Dubai ordered 40/optioned 120 Challenger 3500s for delivery in 2026-2036 for VISTAJET and XO.

AVIATION WEEK NETWORK projects global engine MRO market (valued at $848.5b over next 10 years) will grow 4.1% per year to >107,100 scheduled overhaul events by 2035; active fleet is to increase to >90,900 engines in 2035.

CFM INTERNATIONAL has MOU from Ryanair for 15-year services agreement securing spare parts and parts repair as Ryanair develops two in-house engine maintenance facilities in Europe from 2029 to support fleet of 2,000 CFM56 and LEAP engines; Ryanair is expected to commit to purchase >$1b in spare parts annually under duration of contract.

WILLIS LEASE FINANCE COROPORATION has established CFM56-5B/7B engine restoration program (to restore core components vs disassembly) with CFM INTERNATIONAL. It has identified/inducted its first group of engines.

JORAMCO last week (at MRO Middle East) announced base maintenance agreements with Condor (A320ceo/A320neo/A330neo), Turkey's ULS Airlines Cargo (A310F), Air Samarkand (A321), FLYONE Asia (A320) and Mexico's mas (A330F).

WILLIS LEASE FINANCE COROPORATION (WLFC) has 6-year Nauru Airlines contract to provide CFM56-7B engine exchanges under its ConstantThrust program; deal initially includes the purchase/leaseback of seven engines.