The exclusive seven-year program begins in January 2023 to support WestJet’s fleet of CFM56-7B engines. NEW YORK, Feb. 07, 2022 (GLOBE NEWSWIRE) -- WestJet has awarded its CFM56-7B engine maintenance ...
Engine maintenance has been the hardest-hit sector of the aftermarket during the COVID-19 pandemic. As the biggest-ticket maintenance items, engine overhauls immediately were in the firing line as ...
FTAI Aviation Ltd. has finalized its acquisition of a 50% ownership stake in IAG Engine Center Europe S.r.l., an Italian CFM56 engine maintenance facility at Rome Fiumicino Airport, now named Quick ...
FTAI Aviation has entered an agreement to acquire Lockheed Martin Canada’s commercial engine repair division at a purchase price of $170 million. Lockheed Martin Commercial Engine Solutions (LMCES) ...
NEW YORK and MONTRÉAL, May 30, 2024 (GLOBE NEWSWIRE) -- FTAI Aviation Ltd. (NASDAQ: FTAI) announces entry into an agreement to purchase Lockheed Martin Commercial Engine Solutions (“LMCES”) from ...
Aerospace Products revenue increased 71.6% year-on-year to USD420.7 million. Aerospace Products adjusted EBITDA reached USD164.1 million, up 81%; The company reported a significant ramp in production ...
The company also boosted its CFM56 module production by 33% and announced a quarterly dividend of $0.30 per share, reinforcing investor confidence in its financial health and operational execution. Is ...
“Our joint venture with IAG Engine Center marks a milestone in our expansion into Europe and our overall maintenance capabilities,” said Joe Adams, CEO of FTAI Aviation. “QuickTurn Europe’s robust ...
NEW YORK, Feb. 07, 2022 (GLOBE NEWSWIRE) -- WestJet has awarded its CFM56-7B engine maintenance program to Lufthansa Technik. This agreement provides WestJet with access to a wide range of services ...
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