ITP Aero expects most of its future aftermarket growth to be generated by commercial aviation activities and sees an opportunity in engine components repairs.
AerCap won its claim against its insurers for the loss of 116 aircraft and 23 engines leased to Russian airlines and not returned after the invasion of Ukraine.
Ryanair will add more CFM International Leap-1B engines to its spares pool in an agreement with the GE Aerospace-Safran joint venture to buy 30 more engines.
Aviation Week's team share insights into the engine leasing market following the recent gathering of lessors and financiers at the ELTF Europe conference.
The CEO of Russia’s largest airline company Aeroflot Group has shared plans to construct a new engine repair shop at its Moscow Sheremetyevo Airport base.
Air Cairo's five-year MRO contract with Singapore's ST Engineering will support the CFM Leap-1A engines that power the airline’s Airbus A320neo aircraft.
IndiGo expects to see a steady decline in the number of its narrowbodies grounded due to Pratt & Whitney engine availability issues, CEO Pieter Elbers says.
