The Latvian airline expects issues with the Pratt & Whitney manufactured engine to continue this year and into 2026 but expects some continuous improvements.
BeauTech Power Systems and Japanese conglomerate JALUX have formed an aero-engine leasing joint venture which is set to invest $150 million in Airbus A320 engines.
Editors discuss the present and future of the CFM International CFM56 engine aftermarket and how the in-service fleet will develop over the next few years.
Shortages of material and labor along with cost inflation put pressure on German MRO provider Lufthansa Technik's profitability in its latest annual results.
Melrose Industries, parent company of GKN Aerospace, posted 11% annual revenue growth in 2024 on the back ofdemand for its engines and aftermarket businesses.