4 March 2025

Inauguration ceremony of ITP Aero's advanced manufacturing centre, ADMIRE, in Zamudio (Bizkaia, Spain) © ATP Aero

ITP Aero opens advanced manufacturing centre in Zamudio, Spain

MRO & Production

ITP Aero, a global aerospace propulsion company majority-owned by Bain Capital, has officially inaugurated its advanced manufacturing centre, ADMIRE, in Zamudio (Bizkaia, Spain). The company has invested €24 million in this new facility, which will support the development of new materials, complex components and enhanced repair solutions. The centre will also play a key role […]

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Muirhead has unveiled BioPRO, the first naturally fire-resistant, protein-based aviation biofoam © Muirhead

Muirhead unveils BioPRO® foam

MRO & Production

Muirhead, a frontrunner in high-performance aviation leather, has introduced its ground-breaking BioPRO® foam – the world’s first naturally fire-resistant, protein-based aviation biofoam. This patented innovation is produced using hydrolysed collagen, a by-product of Muirhead’s leather manufacturing process. Containing 20% bio-content, the product eliminates harmful substances such as melamine and PFAS (‘forever chemicals’) found in traditional

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flynas has secured a Murabaha financing agreement with Bank AlJazira to finance the acquisition of three A320neos © AirTeam Images

flynas secures Murabaha financing agreement to acquire A320neos

Financial

flynas has announced the successful closure of a Murabaha financing agreement with Bank AlJazira worth SAR 495 million (US$132 million) to finance the acquisition of three state-of-the-art Airbus A320neo aircraft. This initiative forms part of the airline’s ongoing efforts to support the Saudi financial sector and enhance its competitiveness by developing sophisticated financial products tailored

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Ribbon-cutting ceremony at the new facility in Dubai © Kühne+Nagel

Kuehne+Nagel opens Rolls-Royce aircraft engine hub in Dubai

Aircraft & Engines

Kuehne+Nagel UAE has inaugurated a purpose-built hub in Dubai to streamline the delivery of Rolls-Royce aircraft engines across the Middle East. Rolls-Royce, a prominent global supplier of aircraft engines for civil aerospace, operates distribution centres in the Netherlands, the U.S., and the U.K. The expansion of its UAE facility is part of preparations for the

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ITP Aero recorded a 24% increase in revenues in 2024

Thales reports strong performance in 2024

Financial

Thales, renowned for its expertise in defence, aerospace, cybersecurity and digital technologies, delivered solid results in 2024, maintaining steady sales momentum and achieving an order intake of over €25 billion. This significant order book provides excellent visibility for all the group’s operations, reinforcing confidence in its long-term outlook. Order intake for the 2024 financial year

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