FTAI Aviation

The V2500® engine powers commercial, cargo and military aircraft © Pratt & Whitney

FTAI Aviation and IAE sign V2500 engine maintenance agreement

FTAI Aviation and IAE International Aero Engines (IAE) have announced a five-year EngineWise® maintenance services agreement for V2500 engines. The agreement encompasses over 100 full-performance restoration shop visits. IAE is a multinational consortium consisting of Pratt & Whitney, Pratt & Whitney Aero Engines International GmbH, Japanese Aero Engines Corporation, and MTU Aero Engines AG. “FTAI’s […]

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LMCES operates an aircraft engine maintenance and repair facility in Montréal, Quebec, with extensive capabilities in engine and piece-part repairs for CFM56 engines © CFM International

FTAI Aviation to acquire Lockheed Martin Engine Solutions

FTAI Aviation has announced its agreement to acquire Lockheed Martin Commercial Engine Solutions (LMCES) from Lockheed Martin Canada for $170 million. This transaction is pending customary regulatory approvals and is expected to be finalised in the latter half of 2024. LMCES operates a 526,000 ft² aircraft engine maintenance and repair facility in Montréal, Quebec, with

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