Tag: engines
Pratt & Whitney and Air New Zealand planning US$150 million expansion...
Pratt & Whitney and Air New Zealand have broken ground on a US$150 million, 14,000 square meter expansion of its Christchurch Engine Centre. The...
Hanwha launches engine leasing platform
Hanwha, the seventh-largest Korean conglomerate and a Fortune 500 company, has announced the launch of Hanwha Aviation, an engine leasing platform with a long-term...
Korean Air, GE sign 5-year GE90 service deal
Korean Air has signed a five-year TrueChoice Material Service Agreement with GE for spare parts, component repair, and used serviceable part upgrades for GE90-115B...
ITP Aero posts 67 million euro net income
ITP Aero reported revenues of €915 million in 2021 and a net income of €67 million. This includes both the ITP Aero business and...
GE Aviation to develop new compact engine core with NASA HyTEC...
As part of GE Aviation’s pursuit to develop technologies for more sustainable commercial flight, the jet engine maker is partnering with NASA to research...
Investec provides growth finance facility to APOC Aviation
Utilising an initial tranche of funds, APOC has secured an on-going finance facility with Investec for multiple lease assets. APOC’s majority shareholder Egeria have...
HAESL passes 5,000 Rolls-Royce engine tests
HAESL, a joint venture company between Rolls-Royce plc and the HAECO Group, celebrated an important landmark in July 2021, having tested 5,000 Rolls-Royce engines...
RED Aircraft achieves Russian certification for RED A03 engine
RED Aircraft GmbH's flagship engine, the RED A03, has been certified and approved by the Russian Federal Air Transport Agency (FATA). This certification represents...
A mixed picture for APAC MRO
There were no cocktail parties or dinners at this year’s MRO Asia-Pacific trade conference, which, like dozens of other shows, was forced to cancel...
GE Aviation announces new layoffs
The devastating contraction of commercial aviation shows no sign of abating with the latest bad news coming from engine maker GE Aviation, which announced...