Supply shortages of the industry’s most fuel-efficient aircraft engines have sent their market values soaring. In some cases, ...
Having $10,000-$15,000 in an emergency maintenance fund is sufficient for most unexpected repairs on common first airplanes, excluding major engine overhauls or fabric replacements. Alternatives to a ...
As a world leader in aircraft maintenance, repair and overhaul (MRO), Lufthansa Technik will establish a new engine repair station dedicated to servicing LEAP-1B engines for near-wing and quick-turn ...
Cyprus Mail on MSN
Airlines seek relief from $5.7bn engine maintenance cost spike
The International Air Transport Association (IATA) has renewed its agreement with CFM International through February 2033, a move aimed at strengthening competition in the market for maintenance, ...
CFM International has extended its agreement with IATA through February 2033, allowing airlines greater flexibility to use ...
SEOUL — Airlines face their longest-ever waits for engine maintenance with demand likely to peak in 2026, according to consultancy Bain, constraining carriers' growth and adding costs amid a ...
By Mike Stone and Aishwarya Jain Jan 27 (Reuters) - Aerospace and defense giant RTX posted a higher fourth-quarter revenue ...
Engine shortages and reliability issues drove record MRO demand in 2025, extending shop turnaround times and forcing airlines to keep older fleets flying. Industry backlogs and parts constraints left ...
StandardAero will continue to provide maintenance and repair support for P-8A Poseidon maritime patrol and reconnaissance aircraft engines under a potential one-year, $209.5 million contract ...
The global aviation industry relies heavily on the durability and efficiency of its engines, with recent reports on the commercial aircraft engines market estimating a market size valued at ...
Honeywell said it reached an agreement with Flexjet to resolve litigation that stemmed from disagreements over aircraft ...
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