FTAI Aviation

Setna iO has secured a majority stake in Zulu Global © Shutterstock

FTAI Aviation completes acquisition of LMCES

Financial

FTAI Aviation has successfully finalised the acquisition of Lockheed Martin Commercial Engine Solutions (LMCES), a 526,000 ft² aircraft engine maintenance and repair facility based in Montréal, Québec. This acquisition from Lockheed Martin Canada bolsters FTAI Aviation’s maintenance, repair, and exchange (MRE) business, enhancing its ability to deliver comprehensive maintenance services to airline customers. The integration […]

FTAI Aviation completes acquisition of LMCES Read More »

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

FTAI Aviation and IAE sign V2500 engine maintenance agreement

MRO & Production

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

FTAI Aviation and IAE sign V2500 engine maintenance agreement Read More »

CFM56 engine

FTAI Aviation to acquire Lockheed Martin Engine Solutions

Financial

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

FTAI Aviation to acquire Lockheed Martin Engine Solutions Read More »

Stay Connected

Twitter Linkedin-in Instagram Facebook-f Youtube

Subscribe

Subscribe
Subscribe