Business Wire

FL-CTS-ENGINES/ENGINE-AL

Share
Engine Alliance Selects CTS Engines to Provide MRO Engine Services for the GP7200

CTS Engines (CTS) announces they have been selected to provide MRO services for Engine Alliance (EA) on the GP7200 turbofan jet engine. EA is a 50-50 joint venture between Pratt & Whitney and General Electric for the development, production, and service of the GP7200. The GP7200 is the premier engine for the A380 aircraft as it combines the reliability and ingenuity of the PW4000 and GE90 engines while providing the most fuel-efficient and quietest powerplant for the A380.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230524005295/en/

To view this piece of content from mms.businesswire.com, please give your consent at the top of this page.

Engine Alliance selects CTS Engines to provide MRO Engine Services for the GP7200 (Graphic: Business Wire)

“In 2019, Engine Alliance changed its operational focus to aftermarket services and customer support. The partnership with CTS will help us meet our customers’ high expectations,” said Amy Johnston, President of EA. “CTS leadership team provides a unique perspective that comes from years of experience at airlines, MRO shops, and the OEMs, and we are confident CTS will deliver the results our airline customers require,” stated Johnston.

“We are excited to partner with EA to provide MRO services for the GP7200. This is a fantastic opportunity for us to learn the best practices from the world’s greatest engine companies while also delivering world-class quality, reliability, and turnaround time,” said Vesa Paukkeri, Chief Executive Officer of CTS.

About CTS Engines

CTS Engines is a global leader in mature engine maintenance, rethinking business as usual. Based in Fort Lauderdale, FL, CTS Engines is an independent MRO providing complete maintenance, repair, overhaul, and testing services to owners and operators of mature wide-body aircraft engines. We proudly support a wide range of both commercial and military customers. Since 2002, CTS Engines has built its reputation on the ability to provide its customers with high-quality, cost-effective solutions for engine maintenance. Our mission is to keep our customers’ mature engines flying longer and more reliably than any other MRO in the world.

About Engine Alliance

Engine Alliance (EA) is a 50-50 joint venture of GE (NYSE:GE) and Pratt & Whitney (P&W), a Raytheon Technologies business (NYSE:RTX). Revenue-sharing partners include MTU Aero Engines of Germany, SAFRAN Aero Boosters of Belgium and SAFRAN Aircraft Engines of France. EA manufactures and services the quietest, most reliable and most fuel-efficient powerplant for the A380, the GP7200.

To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230524005295/en/

About Business Wire

Business Wire
Business Wire
101 California Street, 20th Floor
CA 94111 San Francisco

http://businesswire.com
DK

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

Alta Semper Secures USD 57.5 Million from EIB Group and IFC for Growth Fund II to Expand Healthcare Access Across Africa13.1.2026 19:30:00 CET | Press release

Alta Semper Capital LLP (“Alta Semper”), a London-based private equity firm focused on healthcare and consumer investments in high-growth markets, today announced that it has secured USD 57.5 million in commitments to Alta Semper Growth Fund II. These commitments come from a consortium of investors including the European Investment Bank (EIB) Group and the International Finance Corporation (IFC). This landmark partnership was signified earlier today with a momentous signing ceremony held at a Government Ministry in Cairo. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260113837616/en/ Andrew McDowell (EIB), Cheick Oumar Sylla (IFC), Gelsomina Vigliotti (EIB), Rania Al-Mashat (Minister of Planning, Economic Development and International Cooperation of Egypt), Bassel Rahmy (MSMEDA), Afsane Jetha (CEO, Alta Semper) and Mark Bryson-Richardson MBE (British Ambassador to Egypt) at the signing ceremony in Cairo. (Photo: AETOSWire)

500 Global and Creators HQ Support Creators and Founders Building Startups Collectively Valued at US$130M+13.1.2026 17:00:00 CET | Press release

500 Global, one of the world’s most active Silicon Valley-based venture capital firms1, and Creators HQ, the first content creator hub in the UAE and the Middle East enabling the creator ecosystem globally, announced the Creators Ventures Accelerator program is building and supporting creator-led startups collectively valued at over US$130 million.2 The Creators Ventures Accelerator received over 1,100 applications from content creators and technology startup founders across more than 70 countries. Following a competitive selection process, 21 creators and founders were chosen for the program. This cohort serves a community of 20M+ followers, subscribers, and users across platforms. “Creators represent a growing class of bona fide entrepreneurs, with 50 million creators globally, projected to grow at 10-20% annually over the next 5 years. The first iteration of this industry was built on visibility and virality to monetize. With consumers getting savvier and more discerning, we believe

Nexo Becomes First-Ever Title Partner of the U.S. ATP 500 Dallas Open in Multi-Year Deal13.1.2026 16:30:00 CET | Press release

The agreement builds on Nexo’s long-term approach to partnerships with established global sports institutions. Nexo, the digital assets wealth platform, has been named the U.S. ATP 500 Dallas Open’s first-ever Title Partner under a multi-year agreement beginning in 2026, as the company advances its long-term brand strategy through leading global sports properties. The partnership was unveiled in Dallas alongside the debut of the Nexo Dallas Open brand and the resurfacing of two public tennis courts in North Texas. As one of only two ATP 500 tournaments in the U.S. and the country’s sole indoor ATP Tour championship, the Dallas Open places Nexo among a limited group of ATP 500 title partners. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260113901822/en/ The Nexo Dallas Open “This partnership with Nexo represents a transformative milestone for the Dallas Open,” said Tournament Director Peter Lebedevs. “Securing a title spons

Blue Matter Establishes New Capabilities in Biopharma Research & Development Led by Partner, Tara Austraat-Churik13.1.2026 15:01:00 CET | Press release

Blue Matter is pleased to announce that it has established a practice area dedicated to serving clients in biopharmaceutical Research & Development (R&D). The practice is led by Tara Austraat-Churik, a Partner who joined the firm in September 2025. Tara Austraat-Churik has been serving life science clients for more than 20 years. Her areas of expertise include strategy development and implementation, operating model and organizational design, and process optimization in R&D and Medical Affairs. Prior to joining Blue Matter, she served as Managing Director in R&D, Health, Science, and Wellness at EY. She has a robust background in consulting, which also includes roles at Booz Allen Hamilton, Navitas, WPP, and IBM. She holds a BA and MA from the University of Notre Dame and an MSc in Translational Medicine from the University of Edinburgh. The R&D practice, according to Austraat-Churik, exists to help biopharma companies simplify and accelerate the pathway to market. She adds, “R&D organ

Wasabi Raises $70M in New Equity to Power the Next Era of Data Infrastructure13.1.2026 15:00:00 CET | Press release

At a $1.8 billion valuation, backed by L2 Point and Pure Storage, the company scales AI-first cloud storage to meet the explosive demands of modern data Wasabi Technologies, the Hot Cloud Storage company, today announced a $70 million equity funding round led by L2 Point Management with participation from Pure Storage and existing investors including Fidelity Management & Research Company. The new round values Wasabi at $1.8 billion and brings the company’s total funding to over $600 million. The capital will be used to accelerate Wasabi’s expansion into AI infrastructure, broaden its global footprint, and enhance its product portfolio to meet the growing data demands of enterprises and AI developers worldwide. “We’re ushering in the next generation of cloud storage, powering data-intensive workloads like generative AI and autonomous systems,” said David Friend, co-founder and CEO of Wasabi Technologies. “This funding underscores Wasabi’s strong market position and continued growth as

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom
World GlobeA line styled icon from Orion Icon Library.HiddenA line styled icon from Orion Icon Library.Eye