MTU Aero Engines' first-half adjusted EBIT rose 40% to EUR 655 million on 21% revenue growth, driven by strong commercial OEM mix and improving maintenance, repair, and overhaul, or MRO, profitability ...

Preowned single-engine helicopter prices surged in the first half of the year, despite a sharp drop in global transaction volume, according to Aero Asset’s latest Heli Market Trends report. The ...

MTU Aero Engines expects its surging aftermarket business to double by 2030 and perhaps triple by 2035 as its primary revenue driver shifts from legacy IAE V2500 work to the blossoming Pratt & Whitney ...

GE Aerospace (NYSE:GE) aviation business raised its full-year guidance for the second straight quarter, signaling continued strength from a booming air travel market. Shares of the jet-engine maker ...

A Rossiya Airlines Boeing 747-400, which was operating a service from Magadan to Moscow under an Aeroflot flight number, aborted a takeoff at Magadan-Sokol Airport (GDX) after its left engine No.1 ...