FTAI Aviation has priced its previously announced registered underwritten public offering of 2.6 million fixed-rate reset series D cumulative perpetual redeemable preferred shares. Jet engine business FTAI announced a liquidation preference iof $25 per share at a...
MRO News Archive
Maintenance, repair and overhaul news from around the world
Pratt & Whitney opens second GTF repair point in Japan
Pratt & Whitney has added Mitsubishi Heavy Industries Aero Engines Ltd. (MHIAEL) to its GTF engine maintenance network. The recent start of work on a GTF at MHIAEL's Komaki plant means Pratt & Whitney has a "second operational facility" in Japan and 11...
Rolls-Royce expands its engine service provider list
Rolls-Royce has added North America-based Essential Turbines and MASCO Services to its network of around 30 authorised service providers for operators using Rolls-Royce M250 and RR300 engines. Essential operates in Montreal, Surrey, British Columbia; and Phoenix, and...
Universal Avionics widens Dassault Falconeye repair offering
Universal Avionics (UA) is to do repairs on the Dassault FalconEye product line at its Tucson-based Part 145 station. The fix option is to add UA's established repair capabilities on enhanced vision systems for aircraft, the company said, and will boost Dassault's ...
Magellan navigates contract extension with Collins Aerospace
Magellan Aerospace Corporation has agreed what it said is a "significant long-term agreement extension" with Collins Aerospace. Magellan is to manufacture magnesium and aluminum castings for Collins' military and commercial aerospace output, including for its A320neo,...
GE Aerospace testing next-gen rotor diagnostics
GE Aerospace has started testing of its "next generation Rotor Analysis Diagnostic System (RADS)" for civil and military operators. The system will "reduce pilot time and save fuel by enabling operators to complete rotor track and balance operations and diagnostics in...
GE Aerospace lining up $335 million in US investments
GE Aerospace has said it expects to invest more than $335 million in the US in 2023. The money will be used to improve assembly, expand capacity and enhance safety infrastructure at sites in five states and will be part of $450 million in spending planned by the wider...
Moog announces new chief executive and several board changes
Aircraft controls manufacturer and systems designer Moog has announced several executive appointments, including the naming of Pat Roche as chief executive and the election by the board of Mark Trabert as executive vice president and chief operating officer. Trabert...
Lufthansa Technik and Saudia announce component servicing deal
Saudia Aerospace Engineering Industries (SAEI) and Lufthansa Technik Middle East are to collaborate in aircraft component services, the German company has announced. The collaboration means LT is to help service and maintain Saudia's 57 Boeing long-haul aircraft by...
Operations start at ecube’s US base
Killick Aerospace has commissioned UK-headquartered ecube to do a first teardown at the latter's US base at Coolidge Municipal Airport. “A great deal of work and effort has been invested to have a facility and team in place in the US that offers the same quality EOL...
Unum names Bob Davies as chairman
Unum Aircraft Seating's new chairman is Bob Davies, who previously held the same role at Acro Aircraft Seating while Unum founder Chris Brady was chief executive. Davies is to "take on responsibility for ensuring the board is effective in defining and implementing...
Pratt & Whitney Canada marks a billion flying hours since 1928
Pratt & Whitney Canada (P&WC) on February 22 announced it had "achieved one billion flying hours since the formation of the company" in 1928. Since then, the company has made around 110,000 engines, 66,000 of which remain in use by over 16,000 customers....