GE AEROSPACE is investing >$130m across its MRO and component repair facilities in Europe by end of 2026, including $75m in UK (Nantgarw, Prestwick and London), $30m in Poland (Wroclaw) and $25m in Hungary (Budapest).
AIRBUS was selected by Corsair to provide A330-900 component support under its Flight Hour Services program, and by Volotea to provide A320 airframe services, providing upgrades such as Descent Profile Optimiser (DPO).
MTU MAINTENANCE opened engine spare parts warehouse in Fort Worth, TX, to be managed by PERIMETER GLOBAL LOGISTICS. It has been operating a parts warehouse near Amsterdam since 2021, and plans to open a third in China in 2025.
RH AERO SYSTEMS, OH developed MLGTMULTI-2 solution to enhance removal/installation of main landing gear for widebodies; RH Aero also supports GSE/airframe/engine tooling systems (>100,000 tools) at 26 global service centers.
MTU AERO ENGINES had €211m net profit on €1.9b revenues in 3Q24 vs €568m loss (due to charges relating to GTF inspection program) on €1.5b in 3Q23. It ended the quarter with €23.4b backlog, down 4% from €24.4b a year ago.