MTU Aero Engines reported a 3% drop in its commercial maintenance revenues to €303.6 million ($420.3 million) in the first quarter compared to the year-ago period. The main revenue source was the V2500 engine. AJW Aviation extended its 10-year power-by-the-hour contract with Germania to cover the addition of four Airbus A321s and one A319. Zodiac Aerospace was selected to provide economy-class seats and the passenger-centric inflight entertainment system for Gulf Air’s ...

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