Safran establishes new Wallonia subsidiary with €125m investment

François Lepot, Chief Executive Officer of Safran Aero Boosters, has announced the creation of a new subsidiary, Safran Booster Components, located in Welkenraedt, Wallonia, Belgium. The announcement, made in the presence of Pierre-Yves Jeholet, Vice-President of the Walloon Government and Minister for the Economy, Industry and Employment, supports Wallonia’s reindustrialisation efforts. The new industrial site […]

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FIGEAC AÉRO has signed new agreements for the production in Mexico © FIGEAC AÉRO

FIGEAC AÉRO secures new Mexico production contracts

MRO & Production

FIGEAC AÉRO, an established partner to major aerospace manufacturers, has announced the signing of new agreements for the production in Mexico of mechanical components for the assembly of passenger seats, electrical harnesses and landing gear, to be fitted to commercial aircraft. These agreements represent expected annual revenue of US$1.5 million. Following three separate tenders in

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AAR posts strong Q3 growth with return to profit

Financial

AAR CORP. reported financial results for the third quarter (Q3) of fiscal year 2026, ended February 28, 2026, with consolidated sales rising 25% to US$845.1 million from US$678.2 million a year earlier. Sales to commercial customers increased 27% (US$130 million), driven by double-digit organic growth in new parts distribution and contributions from the acquisitions of

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Airspace closures cut Middle East flights by 59%

Other News

IBA, the aviation intelligence and advisory company, has revealed that widespread airspace closures across the Middle East since February 28, 2026, have resulted in a 59% reduction in all flights operating to, from, and within the region. This is based on data accurate up to and including March 22, 2026. Data from IBA’s Insight aviation

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Finnair intends to increase the number of jets operated by Norra with the lease of more ATR and Embraer jets

Finnair to lease ATR and Embraer aircraft for Norra

Aircraft & Engines, Top Stories

Finnair has signed letters of intent (LOIs) to lease two Embraer E190-E1 aircraft and two ATR 72-600 aircraft. The aircraft will join the fleet of Finnair’s partner Norra by summer and early autumn 2026. Norra operates regional flights for Finnair with twelve Embraer E190-E1 and twelve ATR 72-500 aircraft, and Finnair intends to increase the

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Sealing the deal for GE90 engine support: representatives from Philippine Airlines and AFI KLM E&M

Philippine Airlines, AFI KLM E&M renew GE90 engine support

MRO & Production

Philippine Airlines and Air France Industries KLM Engineering & Maintenance (AFI KLM E&M) have renewed and extended their long-term maintenance agreement covering the airline’s GE90 engines, reinforcing one of the longest-standing GE90 partnerships in the Asia-Pacific region. The amended contract was formally signed on March 25, 2026, at Philippine Airlines’ headquarters in Manila. As one

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Safran establishes new Wallonia subsidiary with €125m investment

FIGEAC AÉRO secures new Mexico production contracts

AAR posts strong Q3 growth with return to profit

Airspace closures cut Middle East flights by 59%

Finnair to lease ATR and Embraer aircraft for Norra

Philippine Airlines, AFI KLM E&M renew GE90 engine support

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30 March 2026

Safran establishes new Wallonia subsidiary with €125m investment

FIGEAC AÉRO secures new Mexico production contracts

AAR posts strong Q3 growth with return to profit

Airspace closures cut Middle East flights by 59%

Finnair to lease ATR and Embraer aircraft for Norra

Philippine Airlines, AFI KLM E&M renew GE90 engine support

Stay Connected

Subscribe