Winding down BGS would simplify the organization, raise cash and signal that Boeing is returning to its roots of aircraft development and manufacturing.
AVIATION WEEK NETWORK projects 10-year European engine MRO market (valued at $122.1b) will at CAGR of 2.5% with >21,900 engine events by 2033, or 23% of global share, excluding CFM/P&W narrowbody engine durability issues; active European engine fleet will increase from 15,900 in 2024 to >18,800 by end 2033 after
Investor interest in aviation aftermarket assets has remained steady through a broader slowdown in M&A and is heating up even as high interest rates continue.
Pratt already has a sizeable footprint in Poland, where it placed F100 engine work when the country acquired Lockheed Martin F-16s more than two decades ago.
Cathay Pacific has begun replacing problematic engine components on 15 of its Airbus A350s following unscheduled inspections triggered by a flight turnback.
A malfunctioning angle-of-attack (AOA) sensor played a central role in the crash of a Gazpromavia SSJ100 regional jet on July 12, an investigation shows.
Cathay Pacific has initiated an inspection of all 48 of its Airbus A350s after a problem with an engine component was discovered, resulting in cancelations.
The FAA’s sweeping changes to certification-related safety assessments address four long-standing NTSB recommendations that emerged from three accident probes.
