TransDigm Group will buy proprietary aftermarket part providers Jet Parts Engineering and Victor Sierra Aviation from private equity owner Vance Street Capital.
Engine aftermarket specialist FTAI Aviation announces a new unit, FTAI Power, which will focus on converting CFM56 cores to power turbines for data centers.
By Sean Broderick, Lee Ann Shay, Lindsay Bjerregaard, James Pozzi
Deliveries and production of new aircraft are picking up, but aftermarket providers will still see strong demand on legacy platforms and material shortages.
BeauTech Engine Leasing says a looming CF34 engine capacity crunch as regional jet fleets approach a major maintenance cycle will strain the MRO ecosystem.
The U.S. is looking at options to increase its supply of tungsten, a mineral crucial to the defense industry, more so after Chinese export restrictions.