A tie-up between FL Technics and Job Air Technic in Eastern Europe brings the Czech company into the fold of Lithuania-based Avia Solutions Group.

CFM’s decision to cap the life limit of a critical Leap-1B component has Southwest Airlines concerned about a potential engine shortage.

Chinese lessor Hengqin Winglet Aircraft Technology has signed a contract with EFW for the conversion of one Airbus A330 passenger-to-freighter (P2F).

The acute shortage of spare new-technology engines in the market could reverse in the next five years and lead to oversupply.

Chromalloy CEO Chris Celtruda says reliability levels for next generation engines "indicates the problems of today are unlikely to moderate in the near term.”