Spirit Aviation Holdings will receive up to $195 million in credits as compensation for inspections that its faulty Pratt & Whitney engines will require. The airline said Monday that it has entered ...

Kelly Horan has been named president of International Aero Engines (IAE), succeeding Kim Kinsley in heading the company that produces V2500 turbofans. Horan takes the top job at IAE – a company ...

In a filing Friday with the Securities and Exchange Commission, the Miramar-based discount carrier said it would receive a monthly credit from International Aero Engines, an affiliate of RTX ...

Spirit Airlines' said on Friday it will get a monthly credit from International Aero Engines through the end of 2024 as compensation for Spirit being unable to use aircraft with engine issues.

Spirit Airlines SAVE has inked a significant agreement with International Aero Engines, or IAE, an affiliate of Pratt & Whitney. Per the deal, IAE will extend monthly credits to Spirit Airlines ...

but I would say this is fully understandable given the timing of customer credits that MTU Aero Engines as a shareholder of International Aero Engines will grant to airline customers. A recent ...

GE Aerospace is expanding its work with Kratos Defense & Security Solutions on low-cost, small turbofan engines, announcing ...

Low-cost carrier Ryanair is spending $500 million on 30 new spare LEAP-1B engines in an effort to boost operational ...