BARCELONA—U.S.-based engine parts specialist BP Aero has obtained authorization to conduct overhauls and repairs on GE Aerospace CF34-10 engines.
Announced on Oct. 24 at Aviation Week’s MRO Europe, parent company ITP Aero said that acquiring the CF34-10 license and OEM authorization is a strategic move to further enhance BP Aero’s component overhaul and engine repair services portfolio. In commercial aviation, the CF34-10 powers Embraer 190 and 195 regional aircraft types.
Currently, BP Aero's engine capability comprises of several programs including aftermarket services for the CFM International Leap and CFM56 family, GE Aerospace’s CF6 80C2 and CF34 models, GE90 and International Aero Engines V2500 engines. It also services military engines including the Pratt & Whitney F119 and F135 programs.
Engine and component manufacturer ITP Aero completed the acquisition of BP Aero in February this year following obtaining majority ownership in the Irving, Texas-based business one year ago. The Bilbao, Spain-headquartered company says that BP Aero will be a key pillar in its overall MRO strategy and development of aftermarket capabilities.
Following its divestment from British engine manufacturer Rolls-Royce in 2021 and being acquired by private equity firm Bain Capital, ITP Aero is looking to grow as a commercial aftermarket player. In October’s issue of Inside MRO, the company’s CEO Eva Azoulay shined further light on the MRO-related plans of the now-independent entity.
“We believe we can provide some of that capability to the market in different ways, whether it’s repairs, hospital shop visits or even full overhauls, so we are very focused on growing those aftermarket capabilities,” she said.
BP Aero is also ITP Aero’s first engine shop in the U.S. region, which it has signaled as an important growth area. In the same interview, Azoulay said that the acquisition not only gives ITP Aero access to the important U.S. market, but also enhances its capability by “giving us hospital shop, component repair and teardown capabilities while also opening us up to more engine programs in CFM International’s CFM56 and Leap engines.”
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