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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...

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

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

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

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

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

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

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...