Albany International, the provider of 3D-woven composite fan blades to Safran for LEAP aircraft engines, announced March 13 that it is searching for a new CEO.
A significant portion of the in-service fleet is coming up for retirement and feedstock for passenger-to-freighter (P2F) conversions is becoming scarce.
The Tenth Circuit overturned a $45 million win by the former Spirit Aero CEO in an earlier federal district case, returning the dispute to the district level.