Sales at Parker Hannifin’s aerospace segment grew 13% organically in the company’s just-completed fiscal 2025 as executives project an 8% uptick in fiscal 2026.
Spare engine leasing specialist Engine Lease Finance Corporation (ELFC) has placed an order for 50 CFM International Leap spare engines from the manufacturer.
Diversified aerospace supplier Woodward posted increased sales and net income growth in its fiscal third quarter, driven by demand for its aftermarket services.
Swiss’ new A350-900s will be delivered with the new Swiss Senses cabin installed; the cabin concept will be gradually extended to its A330-300s and 777-300ERs.
As the CFM56 and V2500 families matured, their reliability allowed operators to lease fewer spare engines to cover for scheduled and unforeseen maintenance.
Russian airline group S7 is closing its subsidiary S7 Space, which had developed expertise in repairing the high-pressure compressor blades in CFM56 engines.
MTU Aero Engines pointed to improvements in the GTF engine situation and in the broader supply chain, confirming its recently hiked outlook for the full year.
SR Technics has entered into a long-term contract with Safran Aircraft Engines for the complete overhaul and testing of CFM International Leap-1A engines.
Wizz Air plans to open its first maintenance base in Romania and will partner with recently restarted MRO provider Romaero to help operate the facility.
