Willis Lease Finance Corporation has announced the successful launch of its in-house engine module restoration capability, branded Willis Module Shop™, following the completion of its first core engine restoration at the Willis Engine Repair Center® in the United States.
Ryanair has signed a multi-year Memorandum of Understanding with CFM International to transition the maintenance of approximately 2,000 engines from outsourced providers to an in-house program.
GetJet Aviation Holdings Rebrands As GetJet Group, marking a structural and strategic shift designed to support accelerated global expansion under its 2026 Growth Strategy. The rebranding reflects the company’s transition from a holding structure with multiple standalone brands into a more vertically integrated aviation services group operating under a unified identity.
TAP Air Portugal has unveiled a wide-ranging expansion plan that significantly elevates Porto’s Francisco Sá Carneiro Airport as a core pillar of its future network and operational strategy. The initiative includes the construction of a new maintenance and engineering facility and the launch of multiple new international routes, marking a deliberate shift toward decentralizing operations away from Lisbon.
SunExpress, the joint venture between Turkish Airlines and Lufthansa, has signed comprehensive five-year engine maintenance agreements covering its expanding Boeing 737 fleet.
Air Astana Group has secured long-term component support for its narrowbody fleet after signing a Power-by-the-Hour (PBH) agreement with AJW Group, covering aircraft operated by both the mainline carrier and its low-cost subsidiary, FlyArystan.
Thai Airways Selects Trax And Aerostrat For Digital MRO as the flag carrier moves forward with a major modernization initiative aimed at transforming its maintenance, repair, and overhaul operations through advanced digital solutions. The airline has chosen Trax and Aerostrat, both subsidiaries of AAR CORP., to support the transition toward a fully integrated, data-driven MRO environment across its global operations.
StandardAero has officially broken ground on a 70,000 square-foot expansion at its Winnipeg, Manitoba facility, reinforcing its position as a leading global provider of maintenance, repair, and overhaul (MRO) services for GE Aerospace CF34-3/8 and CFM International CFM56-7B engines. The new addition marks a major step in expanding capacity, improving efficiency, and strengthening the company’s role in supporting both commercial and military aviation sectors worldwide.
Signature Aviation has signed a definitive agreement to sell its engine repair and overhaul division to StandardAero, a U.S.-based MRO specialist owned by Carlyle Group, in a transaction valued at $230 million. The strategic divestment marks an important milestone for Signature as it refocuses on its core operations within the fixed-base operator (FBO) sector serving private and business jet clients worldwide.
AAR CORP. (NYSE: AIR), a leading aviation services provider for commercial and government operators, has announced the acquisition of HAECO Americas from HAECO Group for $78 million in an all-cash transaction, subject to customary adjustments. This acquisition immediately strengthens AAR’s heavy maintenance footprint and advances its strategic goal of expanding the Repair & Engineering segment, one of the company’s four operating divisions.
