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DAILY AVIATION NEWS ALERT
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This edition is supported by:
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Pratt & Whitney invests US$100m in Rzeszów plant
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Pratt & Whitney has begun construction of a US$100 million facility in Rzeszów, Poland, to expand engine component production, with operations expected to start in 2028. The investment, equivalent to 375 million zlotys, will add manufacturing capacity for critical rotating components used in commercial and military engines, including the Pratt & Whitney GTF, F135 and F100. The expansion is expected …
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StandardAero renews TAROM engine support deal
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StandardAero has signed a multi-year exclusive engine maintenance agreement with Romanian flag carrier TAROM, extending support for the airline’s ATR 72-500 and -600 turboprop fleet. Under the agreement, StandardAero will provide MRO services for the aircraft’s Pratt & Whitney Canada PW127M engines from its facilities in Summerside, Canada, and Gonesse, France. StandardAero is the world’s largest independent Pratt & Whitney …
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AAR expands credit facility
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AAR Corp. has increased its revolving credit facility by US$550 million to US$1.375 billion and extended its maturity by nearly four years to October 2031, strengthening its financing capacity as it pursues growth. The amended unsecured facility will help finance the previously announced pending acquisition of a controlling interest in MRO Holdings. The previous facility totalled US$825 million and was …
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Garuda Indonesia entrusts MTU to maintain GE90-115B engines
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MTU Maintenance has signed a three-year agreement with Garuda Indonesia to maintain the airline’s GE90-115B engines, which power its fleet of eight Boeing 777-300ER aircraft. The agreement covers engine MRO at MTU Maintenance’s facility in Hannover, Germany, with the aim of improving engine availability, operational efficiency and fleet reliability. MTU’s Singapore office will provide leasing and asset management support as …
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MAAS Aviation appoints new head of MRO
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Aircraft painting specialist MAAS Aviation has appointed Edwin Poldermans as Head of Maintenance, Repair and Overhaul (MRO), as Group Chief Operating Officer Mark Gidman prepares to step back after 36 years with the business. Poldermans brings more than 30 years of aviation and aerospace experience, having held senior positions at Fokker Techniek, GKN Fokker and the Netherlands Aerospace Group. Gidman, …
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Heston secures US$20 million revolving credit facility
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Heston Materials has secured an initial US$20m revolving credit facility from volofin Capital Management to finance aviation asset acquisitions and expand its capabilities across the aviation aftermarket. The facility will provide additional funding capacity to support portfolio growth and the company’s broader expansion plans. “Securing this financing is an important milestone for Heston Materials,” said Chief Executive Kestutis Volungevicius. “It …
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Satair and Vietjet deepen aviation supply chain ties
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RTX sales rise 11% as adjusted net income jumps 34%
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Aero-Dienst takes delivery of first CF34-powered Challenger
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Lufthansa Technik boosts Tulsa engine capacity
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Pan Am partners with PPOT to expand pilot training access
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American Airlines revenue climbs 19.3%, fuel costs up 67.5%
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Monthly MRO Magazine
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Our magazine focusing on maintenance, repair overhaul in the aviation industry. Monthly features focusing on key issues in MRO sector, exclusive insight from senior industry executives, regular in-depth company profiles. Subscription free monthly magazine straight to your inbox, as a pdf attachment or link to hosted site.Edit this to insert text.
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Weekly Aviation Headline News
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The industry leading weekly aviation newsletter. No subscription charges. Distributed in magazine style every Monday via email. AviTrader’s flag ship publication since 2005.
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Vice President Sales & Business Development (Americas)
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AviTrader Publications Corp.
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Richmond, British Columbia
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For information, contributions, letters to the editor and queries:
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