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Sonaca plans to take a majority stake in Aciturri’s aerostructures activity, thus forming a larger, diversified supplier in the airframe component industry.
KOREA AEROSPACE INDUSTRIES (KAI) secured contract extension with Boeing to supply 737 MAX horizontal and vertical tail assemblies through 2032; original deal was set to expire in 2026 and new deal is valued at US$785m.
PRATT & WHITNEY secured FAA approval to update its PW1100G-JM engine type certificate to include the A321XLR for entry into service in 2025; to date, 13 customers have selected GTF engines to power 217 A321XLR aircraft.
AIRBUS confirmed it has launched negotiations with DAHER to acquire some A320 family aerostructures subassembly work, including panels for center wing box, at Malville and Carquefou (near Nantes) in Western France.
HONEYWELL says it has made significant progress in exploring strategic alternatives for unlocking shareholder value, including potential separation of its Aerospace business into a standalone company; it plans to provide update in 1Q25.
ELFLY GROUP, Norway signed MOU to order three all-electric, 2-seat BRM Aero B23 Energic aircraft (with H55 battery pack) for 2026 in deal that includes two options. It will act as distributor of aircraft in Norway, Denmark and Sweden.