AAR will pay more than $55 million to resolve investigations by the U.S. Justice Department and SEC into violations of the Foreign Corrupt Practices Act.
Speaking on a Q4 earnings call, Heico Flight Support Group President Eric Mendelson said his company continues to see “tremendous” supply chain challenges.
GKN Aerospace is transitioning to a new, purpose-built engine parts repair facility in San Diego to meet increasing demand and expand its capabilities.
VSE Corporation’s recent $200 million acquisition of Kellstrom Aerospace positions it to capture a bigger share of the commercial aerospace engine aftermarket.
Rolls-Royce has restarted civil engine activity at its Dahlewitz, Germany, facility by inducting its first Trent 1000 as it continues to ramp up capacity.
Lufthansa Technik has confirmed plans to build a new Portugal-based component repair facility near Porto and expects it to commence operations toward the end of 2027.
A newly developed high-pressure turbine upgrade kit to increase CFM Leap 1A time-on-wing has been cleared for use after receiving FAA and EASA certification.
British Airways has partnered with the Aviation Institute of Maintenance to offer a training program that qualifies participants to work at the airline.
