Quantcast

ITP Aero expands post-Rolls-Royce sale; gains EASA approval for additive layer tech

A No-Frills Airline Is Getting Into the Premium Game
TAKING OFF: Major airline introduces new inflight service rules with less time to order your drinks
2 Delta flight attendants fail breathalyzer test before flight to JFK
EasyJet reveals plans for new flights from regional UK airport next summer
Airlines not switching quickly enough to green jet fuel, study says
US Senate panel criticizes rising airline seat fees, will call execs to testify
Spirit’s Demise Is a Lesson in ‘Airline-o-nomics’
Inside BA’s new first-class suites: £800 an hour for most private seat
Focus: US airline flight crews confident and angry as unions seek richer contracts
Hawaiian Airlines Eliminates Widebody Route Amid Alaska Airlines Merger
US budget airlines are struggling. Will pursuing premium passengers solve their problems?
Delta CEO says the Trump administration will reverse government ‘overreach’ seen under Biden
Spirit Airlines files for bankruptcy: How will it affect your travel plans?
British Airways yet to identify cause of latest IT meltdown
Delta Airlines Will Start Serving Shake Shack Cheeseburgers Next Month
United Sees Nearly 30% Surge in Travel to European Christmas Markets
Budget airline Israir to launch flights between Israel and NY, ending wartime monopoly by flagship carrier El Al
Asia's airlines blame supply chain woes for disrupted operations
Qantas and Qatar Airways: Planned partnership in the Australian aviation industry under the microscope
Spirit Airlines delays release of Q3 financial results as debt restructuring talks heat up
Delta investigating after plane’s nose mysteriously suffered damage
What Elon Musk's Starlink means for airlines
CAP OFF Major twist in Dublin Airport passenger cap row as High Court pauses decision in victory for airlines next summer season
Riyadh Air plans new jet order decision early next year
Calls for a blanket ban on politicians receiving free flight upgrades
Wizz Air Loses Challenge Against EU-Approved Romanian Aid for TAROM
Southwest, Other Airlines Plan a Shake-Up. Why They Need More to Boost Their Stocks.
One of Boeing's biggest customers leveled fresh criticism over ongoing 737 Max delivery delays
Low-Cost Airlines Innovate with Subscription Models
LA Considers $25 And $30 Minimum Wages For Hotel And Airport Workers
ITP Aero expands post-Rolls-Royce sale; gains EASA approval for additive layer tech
Policy
Webp 898vmm0ovyiogs3i4ise06qknsub
Aviation International News | Aviation International News

In the two years since Rolls-Royce sold ITP Aero to Bain Capital, the Spain-based aero engines and components group has leveraged its independence to expand both its manufacturing and aftermarket businesses through connections with Rolls-Royce’s competitors.

While it remains a supplier to the Trent family of engines, ITP Aero now also benefits from its roles on Pratt & Whitney’s Geared Turbofan and Honeywell’s HTF7000. Additionally, it is involved with Airbus’s ZeroE hydrogen airliner program and serves as the Spanish engine partner for Europe’s Future Combat Air System.

“This is a long cycle business and our growth has come from being new platforms but also from the market recovery,” ITP Aero president Eva Azoulay told AIN. In the last full financial year, it increased revenues by 25% and earnings by 50%, with growth continuing as the company expands its customer base.

Get the Newsletter
Sign-up to receive weekly round up of news from Sky Industry News
By submitting, you agree to our Privacy Policy and Terms of Service. By providing your phone number you are opting in and consenting to receive recurring SMS/MMS messages, including automated texts, to that number from our short code. Msg & data rates may apply. Reply HELP for help, STOP to end. SMS opt-in will not be sold, rented, or shared.

ITP Aero now reaps rewards from increased investment in new technology, with more than $600 million spent on research and development in recent years. Much of this focus centers on new materials and additive manufacturing.

On Monday, ITP became the first aircraft engine maker to receive EASA design organization approval and corresponding production organization approval from the Spanish Air Security Agency for structural components manufactured using additive layer technology. The certified structural components are vanes for the rear structure of the Europrop TP400 engine used in Airbus A400M military transport aircraft.

ITP Aero is currently constructing its new Admire research-and-development center in Zamudio, Spain. The €24 million ($26 million) investment will support further advances in digital and advanced manufacturing techniques.

On Tuesday, Pratt & Whitney Canada extended its maintenance, repair, and overhaul contract under which ITP Aero supports mid-turbine frames and low-pressure compressors on PW800 engines for Gulfstream G400, G500, and G600 business jets. Under this contract first signed in 2021, ITP serves as a risk and revenue partner in supporting these engines.

To expand production capacity amidst industry-wide supply chain issues, ITP Aero is enhancing its casting capabilities in Mexico. Last year, the group’s global workforce across six countries grew by 11% to more than 5,500 people. According to Azoulay, recruiting key skills remains challenging particularly in the U.S.

“Resilience and agility are strengths for us, allowing us to support production ramp-ups,” Azoulay said. “But what keeps me awake at night is getting the right people into the company and training them to enable growth and how to work better with our suppliers.”

Organizations Included in this History
More News

Alaska Air Group Inc., the parent company of Alaska Airlines Inc., Hawaiian Airlines Inc., and Horizon Air Industries Inc., is set to present its financial results for the first quarter of 2025.

Apr 24, 2025

On April 22, Earth Day is observed as a time to honor the planet and acknowledge the power individuals have to protect it.

Apr 23, 2025

Flying Food Group has been recognized for its commitment to sustainability with a reforestation certificate from Flex Technology Group.

Apr 23, 2025

From October 2025, Lufthansa Group, in partnership with Visa, is set to introduce a new online payment option called 'Click to Pay' on the booking portals of its airlines—Lufthansa, SWISS, Austrian Airlines, and Brussels Airlines.

Apr 23, 2025

Private jet pilots in California earn higher salaries compared to those in Florida, according to recent data.

Apr 23, 2025

Hawaiian Airlines is set to introduce significant changes to its long-haul flight operations by shifting its Boeing 787 Dreamliner service to Seattle.

Apr 23, 2025