Ontic, a global provider of aerospace OEM and MRO services, is expanding its MRO operations with the opening of new facilities. This expansion is part of Ontic’s strategic plan to provide reliable, cost-effective, and high-quality MRO services to operators, airlines, and OEMs worldwide. The first of these new facilities is currently under construction in Miramar, […]
Ontic announces opening of new MRO facilities Read More »
Ontic, a prominent provider of complex engineered parts for the global aerospace and defence industries, has announced the appointment of Gareth Parkin as its new global Chief Financial Officer (CFO). Parkin will officially take on the role on February 14, 2025, following a comprehensive transition period with the outgoing CFO, Toby Woolrych. Based at Ontic’s
Ontic prepares for growth with appointment of new CFO Read More »
Since CVC Capital Partners acquired Ontic from BBA Aviation in 2019, the company has experienced significant growth. Ontic is now set to enter a new investment cycle to address the evolving needs of aircraft operators and licensors. This investment will focus on enhancing customer support teams, expanding repair capabilities, bolstering supply chain and sustainment engineering
Ontic expands with new investment from CVC and new investors Read More »
ONTIC, a global aerospace OEM, providing complex engineered parts and repair services for established aircraft in the defence and commercial market, and Boeing have entered into an exclusive agreement, expanding Boeing’s distribution of approximately 1,000 additional actuation and propulsion system products. Continuing to strengthen its exclusive distributor relationship with ONTIC, Boeing will now incorporate the
ONTIC, Boeing forge exclusive distribution partnership Read More »
AAR CORP. has signed a new multi-year agreement with Ontic, providing AAR distribution rights to supply a strategic selection of military products to the U.S. government, with exclusivity on specified parts. AAR currently provides military distribution support to Ontic’s Cheltenham, United Kingdom, facility and commercial distribution support to Ontic’s Creedmoor, North Carolina, facility. Under this
AAR and Ontic sign new multi-year military distribution agreement Read More »
Tour operator Apollo and SAS Scandinavian Airlines have announced that they will extend their partnership for the 2024 summer season. The option to extend is part of a framework agreement signed in 2021 and the extension is worth around SEK1.4 billion (£105 million). SAS will fly Apollo customers from around 15 locations in Sweden, Norway
Tour operator Apollo and SAS extend partnership for 2024 summer season Read More »
Ontic, a leading licensor and manufacturer of complex engineered parts for the global aerospace and defence industries, has signed a license agreement for fan products from Curtiss-Wright’s Sensors Division. The high-performance fans and blowers are used on commercial and military platforms to provide cooling to key systems. Currently manufactured at Curtiss-Wright’s Sensors Division’s site in
Ontic invests in engine fan product lines from Curtiss-Wright Read More »
Ontic, a leading licensor and manufacturer of complex engineered parts for the global aerospace and defense industries, has appointed Joshua Florio as General Manager for its Creedmoor site in North Carolina. Florio will be responsible for the day-to-day running of its Ontic’s Creedmoor site which specialises in new spares and the development of new original
Ontic appoints Joshua Florio General Manager at Creedmoor site Read More »
Ontic, a licensor and manufacturer of complex engineered parts for the aerospace and defence industries, has announced the appointment of Kairat Asenei as its new VP of Revenue Management. With seven years of experience at McKinsey, Asenei brings valuable expertise in revenue management execution and business strategy design to the senior leadership team. In his
Ontic welcomes Kairat Asenei as VP of Revenue Management Read More »
