ITP Aero, majority-owned by Bain Capital, has reported record revenues of €1,612 million in 2024, an increase of 24% compared to 2023. The company also achieved an EBITDA of €295 million, representing a 43% increase from the €217 million recorded in 2023. In a further demonstration of its commitment to innovation, ITP Aero invested €102 […]
ITP Aero reports record revenues and workforce growth in 2024 Read More »
GE Aerospace has granted ITP Aero a licence for the MRO of the CT7-2F1 engine, enhancing global service capabilities for operators of the Bell 525. Under this agreement, ITP Aero will become a value-added partner within GE Aerospace’s TrueChoice™ programme, providing comprehensive maintenance solutions for the latest CT7 engine variant. ITP Aero is a leader
ITP Aero secures GE Aerospace licence for CT7-2F1 engine Read More »
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
ITP Aero opens advanced manufacturing centre in Zamudio, Spain Read More »
ITP Aero has extended its maintenance, repair, and overhaul (MRO) services contract with Pratt & Whitney Canada, an RTX business, for the mid-turbine frame (MTF) and low-pressure compressor (LPC) modules of the PW800 engine. This agreement, effective until 2028, aligns with ITP Aero’s strategic focus on expanding its presence in the MRO market and enhancing
ITP Aero extends MRO contract with Pratt & Whitney Canada Read More »
Rolls-Royce Deutschland and ITP Aero have signed a memorandum of understanding (MoU) to collaborate on the design, development, manufacture and support of a cutting-edge Wingman Engine, aimed at large remote carriers. During the MoU signing ceremony, a mock-up of the Wingman Engine concept was unveiled, showcasing the power and propulsion solution to a wide audience
Rolls-Royce Deutschland and ITP Aero partner on Wingman Engine development Read More »
Honeywell, in collaboration with ITP Aero, an aerospace propulsion company, has unveiled intentions to establish a new authorised service centre for Honeywell’s F124-GA-200 aircraft engines. Situated in Madrid, the Ajalvir site of ITP Aero will operate as a licensed maintenance, repair and overhaul (MRO) facility for International Turbine Engine Company (ITEC), a joint venture between
