Recent lease placements for Embraer E2 aircraft are contributing to the OEM’s aftermarket services growth.

Estonia based MRO provider has opened a new line maintenance facility in Tallinn.

The Dutch MRO provider will have capacity for Airbus and Boeing widebody aircraft.

The first hangar is expected to be completed by 2025 and will service cargo and passenger airlines operating in the Asia region.

Supply chain and MRO capacity problems have also affected the ability of lessors to transition aircraft on time.

The Irish leasing company had previously owned a stake in the U.S.-based parts specialist since 2017.

Heico Corp. plans to acquire Wencor Group for $2.05 billion by the end of 2023.

The Irish low-carrier’s signed a large order for Boeing 737 Max-10 aircraft powered by Leap-1B engines last week.