An investment affiliate of J.F. Lehman & Co. has purchased CTS Engines for an undisclosed sum to help establish the latter's position in the global aircraft engine maintenance, repair and overhaul ...

Pratt & Whitney has reached a support agreement with Hungarian low-cost carrier Wizz Air as it continues to clean up the issues created by faults in its geared turbofan engines. But at the same time, ...

Safran-GE joint venture produces LEAP engines for Airbus, Boeing CFM venture also competes with independents for repair services Maintenance capacity under pressure due to strong demand BRUSSELS, Oct ...

Speculation abounds as to the cause of the Air India airplane crash on June 12. One explanation so far is that both engines of the Boeing 787 Dreamliner failed, a highly unlikely event. A list ...

Rolls-Royce Holdings (OTCPK:RYCEF) (OTCPK:RYCEY) set up a task force to focus on maintenance issues with engines that power Boeing’s (BA) 787 Dreamliner wide-body jet after British Airways ...

Cebu Pacific (OTCPK:CEBUF) (OTCPK:CEBUY) entered into a 12-year jet-engine maintenance agreement with Pratt & Whitney, a unit of aerospace and defense company RTX (NYSE:RTX) to support its growing ...

Getting on a plane and landing safely always brings a sense of relief, especially in light of recent crashes. However, this doesn't mean you didn't look out the window mid-flight and think about ...

Howmet Aerospace has surged 78% YTD, outperforming the S&P 500, fueled by strong secular growth in airplane spare parts. Its high-margin, recurring revenue from its Maintenance, Repair, and Overhaul ...

Nigeria's government allocates N10.6bn for VP’s aircraft spending over three years, focusing on engine overhauls for the ...