FTAI Aviation Completes Acquisition of 50% Stake in IAG Engine Center Europe-February 2024-www.financetom.com

FTAI Aviation Completes Acquisition of 50% Stake in IAG Engine Center Europe

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FTAI Aviation Completes Acquisition of 50% Stake in IAG Engine Center Europe

Jun 5, 2025 2:32 PM

05:21 PM EDT, 06/05/2025 (MT Newswires) -- FTAI Aviation ( FTAI ) completed the acquisition of a 50% stake in IAG Engine Center Europe to expand global maintenance capacity.

The price wasn't disclosed.

IAG Engine operates a 200,000-square-foot CFM56 engine maintenance, repair and overhaul facility at the Rome Fiumicino Airport.

The facility has been rebranded as QuickTurn Europe, FTAI said Thursday in a statement.

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