FTAI Aviation CEO Joe Adams said that while a typical MRO might generate a margin of 15%, FTAI’s unique business model is producing around 35% and could grow even further—to roughly 50%—as more PMA ...

Magnetic Engines will provide cost- and time-saving repairs on CFM56-5B engines for GEM-managed engines in the Tallinn-based ...

FTAI Aviation Ltd. price-eps-surprise | FTAI Aviation Ltd. Quote Higher CFM56-7B, CFM56-5B and V2500 commercial jet engine and module sales, increase in parts inventory sales and positive ...

Woodside Energy's Pluto liquified natural gas facility in Western Australia. (Woodside Energy Ltd. photo) An Australian fossil fuel company committed Tuesday to build a $17.5 billion liquefied ...

The CFM56 family of engines was developed through a joint venture between aviation companies GE and Safran Aircraft Engines. This venture, known as CFM International, became official in 1974, and ...

Edward Jones announced last year that it's moving into the full-service financial planning business, and now it's shaking up its leadership ranks in response. Meanwhile, Bank of America's private ...

Merck KGaA’s protracted pursuit of SpringWorks Therapeutics may be nearing its endgame. The German drugmaker confirmed (PDF) it is in late-stage talks about buying the rare cancer biopharma for ...

The group previously discussed plans to play in a proposed $1.7 billion domed stadium that would be paid for in a public-private partnership still to be worked out. An artist's rendering from 2023 ...

Elon Musk’s X Holdings Corp. is evolving from a social media platform powered by mainstream advertisers to one betting on dollars generated from artificial intelligence and subscriptions — a ...

UConn’s multi-year fundraising campaign, “Because of UConn,” has raised nearly half of the $1.5 billion it needs, and the school is now asking the public for help. UConn announced Thursday ...