SpeedNews

MTU AERO ENGINES expects to post €212m adjusted net income on €1.54b revenues (€1.02b MRO) for 1Q23 vs market expectations of €172m on €1.41b.
Aerospace

RYANAIR plans to invest €40m to build new 4-bay, 120,000 sq ft 737 maintenance hangar at Dublin Airport for 2Q25.
MRO

Lloyd Barker to Senior Vice President-LEAP Program Industrialization and Executive Site Leader-San Antonio of StandardAero.
MRO

Germaine Hunter to Chief Diversity Officer of GE Aerospace, Evendale, OH.
Aerospace

AERSALE leased 2-bay, 112,000 sq ft narrowbody MRO hangar at Millington-Memphis Airport, TN for 1Q24.
MRO

AE INDUSTRIAL PARTNERS has signed partnership agreement with Space Florida to accelerate growth of Florida's aerospace and space industries.
Aerospace

HONEYWELL teamed with Worcester Polytechnic Institute (WPI) to study hydrogen storage and power generation technology for aircraft/drones.
Aerospace

CPI AEROSTRUCTURES had $9.2m net income on $83.3m revenues in 2022 vs $6.8m on $103.4m in 2021.
Aerospace

ZEROAVIA and ABSOLUT HYDROGEN teamed to explore liquid hydrogen production, storage and refueling services.
Aerospace

GOL