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ITP Aero posts 67 million euro net income

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ITP Aero reported revenues of €915 million in 2021 and a net income of €67 million. This includes both the ITP Aero business and...

ITP Aero delivers first UltraFan Intermediate Pressure Turbine to Rolls-Royce

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ITP Aero has delivered the first Rolls-Royce UltraFan intermediate pressure turbine (IPT) from its assembly facility in Ajalvir (Madrid) and over the coming weeks,...

AAV News in Brief 27 December 2021

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Otto tests new aircraft: Otto Aviation has successfully concluded Phase One testing of the new Otto Celera 500L aircraft. The aircraft promises to be...

ITP Aero to provide engine MRO for Gulf Helicopters

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ITP Aero has signed a contract with Gulf Helicopters Company (GHC) to provide comprehensive support for its fleet of General Electric CT7-2E1 and CT7-8A...

AAV News in Brief 13 May 2021

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Astronautics upgrades Bell 212: Astronautics Corporation of America, in partnership with Central American Aviation Services (CAAS), located in Guatemala City, has completed the first...

AAV News in Brief 29 March 2021

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China Airlines 2020 operating results: Taiwan-based China Airlines released its 2020 operating results on 18 March and reported consolidated operating revenue of TWD 115.25...

Aviation News in Brief 6 July 2020

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Virgin Australia will christen Brisbane’s new runway: Virgin Australia will be the first airline to depart on Brisbane's new runway when it officially opens...