Rolls-Royce Deutschland and ITP Aero have signed a memorandum of understanding (MoU) to explore a partnership to ""design, develop, manufacture and support"" an engine for the unmanned combat air vehi...
Honeywell and ITP Aero have partnered to create a new authorised service centre for Honeywell's F124-GA-200 aircraft engines. ITP Aero's Ajalvir site will be based in Madrid and will be a licensed MRO...
ITP Aero has launched its AI-based digital engine management platform, DigitAI Aero at the MRO Americas trade show in Chicago. The system is the progression of ITP Aero's Engine Diagnosis and Health M...
ITP Aero reported a full year revenue of €1.3bn ($1.4bn) in 2023, a 25% increase from its full year revenue in 2022. Its cash EBITDA for 2023 was up 48% to €217 million ($237 million). The company sai...
ITP Aero has achieved a B rating in climate change by the Climate Disclosure Project (CDP); a non-profit organisation whose annual environmental disclosure and rating process sets a precedent for corp...
ITP Aero is leading two R&D projects on electric propulsion systems for urban and regional mobility, with a total budget of €13 million, which will be the first propulsion systems of these characteris...
ITP Aero has successfully completed engine testing using a blend of Sustainable Aviation Fuel (SAF) with conventional jet fuel at its Albacete (Spain) facilities with the GE Aerospace CT7-8F5 engine. ...
Triumph Group has agreed a multi-year contract with Spain's ITP Aero for maintenance, repair and overhaul (MRO) support. The tie-up will see Triumph's product support business in Grand Prairie, Texas ...
ITP Aero has partnered with Zeleros to help develop a zero-emission propulsion system for hyperloop, a new means of transport consisting of capsules levitating at high speeds inside a network of low-p...
ITP Aero has become a founding member of the European Union’s "European Partnership for Clean Aviation" programme, also known as Clean Aviation, for the decarbonisation of the aeronautical sector. The...
Rolls-Royce has signed a definitive agreement to sell 100% of ITP Aero to Bain Capital Private Equity, which is leading a consortium of investors, for approximately €1.7 billion. The consortium includ...
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