Spanish aeronautics and energy firm Gamesa is to raise €45 million ($56 million) from the disposal of its aerospace unit Gamesa Aeronautica to a consortium led by Spanish savings bank Caja de Ahorros de Castilla La Mancha and including former Gamesa chief executive Juan Inalii Lopez Gandasegui. The €45 million sale will lead to a “significant reduction” in Gamesa’s roughly €315 million worth of debt.
Source: Flight International
Air New Zealand and Pratt & Whitney have broken ground on an extension to their joint Christchurch Engine Centre, with an aim to boost MRO capacity for PW1100G engines.
SIA Engineering (SIAEC) remains optimistic about “healthy” air travel demand in the near-term, as it sees opportunities in ongoing aircraft delivery delays.
HAECO and Comac have signed a memorandum of understanding to expand airframe, engine and component MRO services.
