In its thirty-year history, ITP Aero has established itself as the ninth largest aeronautical engine and components company in the world. Rolls-Royce chief executive Warren East said: “We ended 2019 with good operational and financial momentum. 100 people like this. Notwithstanding the outcome, ITP Aero is a key partner for Rolls-Royce and it will retain a long-term relationship with the business across its Civil Aerospace and Defence programmes. Rolls-Royce to start sale process for ITP Aero in first half of 2021 Reuters 08:38 11-Dec-20. Roofing firm's best ever year Millitec moves to Draycott Bowler sold to Jaguar Land Rover Lidl drinks factory green light In a statement, Rolls-Royce said: “Rolls-Royce confirms that it has received a preliminary and conditional indication of interest from Indra to acquire a majority stake in ITP Aero. ITP Aero is a world leading company within its market, currently the ninth largest aircraft engine and components company in the world by revenue. Log In. In 2019, ITP Aero reported underlying sales growth of 21% year-on-year. Das 1989 gegründete Unternehmen beschäftigt sich mit Engineering, Forschung, Produktentwicklung, Herstellung, Montage und Prüfung von Gasturbinen für die moderne Luftfahrt. ITP Aero operates as a corporate entity within the Rolls-Royce group. There is no certainty that this will result in a transaction involving ITP Aero. Go directly to the main content, ITP Aero engines and turbines manufacturer, ITP Aero to increase capabilities as global tier 1 aerospace leader, Rolls-Royce proposes to make plant in Hucknall, UK, part of ITP Aero in ongoing review of Civil Aerospace facility footprint, ITP Aero to reinforce position by increasing product portfolio and market access, ITP Aero and IMDEA Materials collaborate on an industry leading R&D programme to simulate 3D manufacturing, The programme, called ENVIDIA, aims to digitally predict and optimise the manufacture of aeronautical components using 3D printers, This technology will provide ITP Aero with the capability of obtaining components in their final state through 3D manufacturing, EUROJET signs contract with NETMA for provision of 56 new EJ200 engines for the German Air Force, ITP Aero leads project TASTE on the turbines of the future, ITP Aero proposes to adjust personnel capacity by around 15 percent by 1H2021, ITP Aero designs and manufactures the first IPT casing for the future Rolls-Royce UltraFan®, UltraFan will define a new era in jet engines, delivering significant weight, noise and fuel burn reductions, and will be 25% more efficient than a first-generation Trent engine, ITP Aero signs contract to provide engine MRO for CHC’s S-92 and AW189 helicopters, The contract includes ITP Aero's Engine Health Monitoring technology for predictive engine maintenance based on big data analysis, CHC Helicopter provides safe, reliable, cost-effective helicopter service in some of the most remote and challenging environments around the world; transporting customers in the oil and gas industry, supporting search-and-rescue and EMS contracts, ITP Aero formalizes its participation in the NGWS/FCAS programme, The Spanish Secretary of State for Defence, Ángel Olivares, and the CEO of ITP Aero, Carlos Alzola, have signed the General Protocol of Action of the programme, ITP Aero will represent the interests of the national industry, contributing to the integration and development of its technological and industrial base, The Spanish Ministry of Defence awards ITP Aero a framework contract for the maintenance of its aircraft engines, The contract is worth up to EUR 111.5 million in total, and has a duration of two years, with an additional two-year extension, Privacy policy(Acces key ) Amid lost revenue and declining commercial aerospace demand, the power group hopes to raise $2.6 billion by offering its ITP Aero unit, a wholly owned R&D and manufacturing business. See more of ITP Aero on Facebook. 11/26/2020. The news today has no impact on Rolls-Royce’s announcement on 27 August 2020, in relation to a potential disposal of ITP Aero. ITP Aero will continue to be managed from Spain and headquartered in Zamudio, Biscay, with key locations in Spain, United Kingdom and Mexico. ITP Aero will represent the interests of the national industry, contributing to the integration and development of its technological and industrial base 11/11/2020. Rolls-Royce is also proposing to transfer the manufacture of aero-engine structures – high pressure/, intermediate pressure structures, front bearing housings and OGVs – into ITP Aero, from its current structures facility in Barnoldswick, UK. (Reuters) - British engine maker Rolls-Royce Holdings Plc confirmed on Friday that Spain’s Indra Sistemas SA had expressed an interest in taking a majority stake in its Spanish business ITP Aero. As ITP Aero weighs on Rolls-Royce, the UK engine maker considers its divestiture. Rolls-Royce’s preparation work continues and an update will be provided when appropriate. Cookies(Acces key ) Forgot account? ITP Aero and IMDEA Materials collaborate on an industry leading R&D programme to simulate 3D manufacturing. Today’s announcement comes at a time when ITP Aero is adapting to the effects of the Covid-19 pandemic on the whole commercial aerospace sector; with air traffic demand having collapsed and recovery to 2019 levels not expected until 2024-2025. The ITP Aero Board, chaired by Josep Piqué, has added Ben Story, strategic marketing director Rolls-Royce and retired Colonel Diego García Bernabeu. 10 ... 10/12/2020 Olga Ruzhelnyk Comments Off on Schiebel: new missions for the S-100 and its bigger brother, the S-300, in development. Visit aero.uk for daily aviation news from our editors and Reuters. Reflecting ITP Aero’s status as a “corporate entity” within the Rolls-Royce Group, Carlos Alzola has been appointed CEO and member of the ITP Aero Board. As a result, both Rolls-Royce and ITP Aero are looking to become more efficient, increase their competitiveness and secure a successful future. 11 Dec 08:38. ITP Aero. Rolls-Royce notes the recent press speculation and confirms that it has received a preliminary and conditional indication of interest from Indra to acquire a majority stake in ITP Aero. A potential sale of ITP Aero to a new owner could unlock new growth and investment opportunities for the company, by enabling it to attract further work from customers other than Rolls-Royce. EDR News . Ranking among the top one hundred companies in the aerospace industry. Industria de Turbo Propulsores, S.A. (ITP) ist ein spanisches Unternehmen und Teil der ITP-Gruppe zur Herstellung von Niederdruckturbinenstufen von Strahltriebwerken. France: President Macron confirms that the future aircraft carrier will feature nuclear propulsion . Aerospace Company . Rolls-Royce is proposing to integrate its facility and workforce in Hucknall, East Midlands, UK, into ITP Aero. Read the news. Under this restructuring, Rolls-Royce is initially proposing to transfer its Hucknall-based aero-engine component production facility to ITP Aero. Go directly to the main content, ITP Aero engines and turbines manufacturer, Rolls-Royce proposes to make plant in Hucknall, UK, part of ITP Aero in ongoing review of Civil Aerospace facility footprint, ITP Aero to reinforce position by increasing product portfolio and market access. In addition to the transfer of Hucknall’s manufacturing capability it is proposed that the commodity of complex fabrications, including design engineering and supply chain management will also be transferred into ITP Aero. view more headlines. The actions proposed will enhance ITP Aero’s position as a global Tier 1 aerospace leader. Egypt reopens airspace to Qatar New U.S. tariffs on european aircraft parts to start Tuesday The company employs over 4,000 people at its production centres in Spain, United Kingdom, Mexico, Malta and India. News ; ITP Aero; Triebwerksbauer Rolls-Royce will Töchter losschlagen. We are commencing consultation on a proposal to close the structures facility on the site. Both proposals are subject to consultation with employee representatives in the UK. Site map(Acces key ), Scholarschips and collaboration programmes. ITP Aero News and Updates. Cookies(Acces key ) Legal advice(Acces key 8) The news today has no impact on Rolls-Royce’s announcement on 27 August 2020, in relation to a potential disposal of ITP Aero. EUROJET signs contract with NETMA for provision of 56 new EJ200 engines for the German Air Force. During the first half of 2020, the company reported a loss before tax of £5.4bn and revenue of £5.8bn, marking a 26% decrease. ITP Aero is carrying out the final manufacturing phase of the first IPT (Intermediate Pressure Turbine) casing of the future Rolls-Royce UltraFan, a new aircraft engine demonstrator that will define a new era in jet engines, delivering noise and fuel burn reductions, and will be 25% more efficient than a first-generation Trent engine. News ITP Aero Home. In line with its ongoing Civil Aerospace review, Rolls-Royce has today proposed to increase the scope of ITP Aero’s supply chain activity, engineering and manufacturing capabilities. The aerospace giant is slashing costs, laying off 9,000 of its 52,000 staff and selling ITP. The Hucknall plant, which manufactures a range of aero-engine parts, including fabrications, combustors and Fan OGVs, will bring ITP Aero new capabilities and become a critical part of the enlarged business. Legal advice(Acces key 8) Under ITP Aero’s ownership, the Hucknall site will have the potential to unlock new growth and investment opportunities. This builds on the existing track record, capability and competitiveness of ITP Aero in this area. The ITP A ero is a multinational company from the Spanish capital with Headquarters in Zamudio, Vizcaya, with more than 25 years history in the design and manufacture of components and modules for aero and industry engines. The casing manufacturing project is part of the CDTI and the European … Spanish Industry achieves Full Incorporation into Phase 1a of the NGWS/FCAS Programme. As a result, ITP Aero announced last July the need to reduce its workforce by 15% globally. The division was also quite profitable, with ITP Aero reporting operating profit of £111m for 2019. This adjustment is well under way through the application of a combination of temporary (ERTE) and permanent adjustments, minimizing impact and protecting employment where possible. Hucknall, which manufactures a range of aero-engine parts, will bring ITP Aero new capabilities and become a critical part of the enlarged business, helping to secure the future of the site. The Covid-19 pandemic is having an unprecedented impact on commercial aviation. ITP Aero is a world leading company in the aeronautical and industrial engines market, involved in all phases of the product life cycle from the design phase to support and maintenance. Contact: Susana Herrero Head of Communications M: (+34) 610 260 992 susana.herrero@itpaero.com, Louis Trollope Communication Specialist M: (+34) 610 267 334 louisjon.trollope@itpaero.com, Privacy policy(Acces key ) Rolls-Royce’s preparation work continues and an update will be provided when appropriate. Page Transparency See More. Jump Main Menu. However, the Covid … Rolls-Royce Considers Shedding Its ITP Aero Unit | Air Transport News: Aviation International News … As part of the global aviation industry, both Rolls-Royce and ITP Aero have been significantly impacted and are having to adjust to new levels of demand. The announcement today does not change the need to adapt to a smaller market, but will have an overall positive impact on ITP Aero, increasing the scale and the capability of the company in the global market, and will help to partially mitigate workload in the areas affected in the mid-term. Das unabhängige Nachrichten- und Informationsportal für alle, für die Fliegen mehr ist als schneller Transport über Kontinente. About See All. or. Hucknall, which manufactures a range of aero-engine parts, will bring ITP Aero new capabilities and become a critical part of the enlarged business, helping to secure the future of the site. Results from a Survey With Patients With Immune Thrombocytopenia (ITP) Demonstrates Disease Burden and Impact for Patients With ITP. “ITP Aero, currently undergoing its own restructuring, offers a more cost competitive option than our existing structures facility in Barnoldswick, UK. Der Triebwerksbauer schlägt vor, den Umfang der Aktivitäten der soanischen Tochter ITP Aero zu erweitern. Create New Account. 12/03/2020. ITP Aero includes among its activities the design, research and development, manufacturing and casting, assembly and testing of aeronautical modules and engines. As part of ITP Aero, the Hucknall site will, in future, have the potential to unlock new growth and investment opportunities. Site map(Acces key ), Scholarschips and collaboration programmes. We are excited about the significant opportunities that today’s proposals represent for ITP Aero and we are looking forward to working together with our new colleagues in Hucknall, focusing on maximizing opportunities and recovering  together from the dramatic impact of the Covid-19 pandemic.”. ITP Aero to increase capabilities as global tier 1 aerospace leader. More news ITP Aero Industry News . It also provides MRO services for a wide range of engines for regional airlines, business aviation, helicopters, industrial and defense applications. As part of ITP Aero, the Hucknall site will, in future, have the potential to unlock new growth and investment opportunities. 105 people follow this. This indication of interest is subject to a number of conditions. Facebook is showing information to help you better understand the purpose of a Page. Aerospace Company. The Spanish Secretary of State for Defence, Ángel Olivares, and the CEO of ITP Aero, Carlos Alzola, have signed the General Protocol of Action of the programme. Community See All. Carlos Alzola, CEO ITP Aero, said: “Since the beginning of the pandemic, we have taken swift action to protect our business by both reducing our costs and looking for more business opportunities, while making ITP Aero more efficient and competitive. Not Now. Contact ITP Aero on Messenger. Notwithstanding the outcome, ITP Aero … Go to company website See actions taken by the … Rolls-Royce baut Tochter ITP Aero aus - und will sie verkaufen (aeroTELEGRAPH) 03.12.20. The news comes three months after Rolls-Royce announced plans to sell ITP Aero and other assets to raise at least £2bn. STOCKHOLM, Dec. 8, 2019 /PRNewswire/ -- Dova Pharmaceuticals, a wholly owned subsidiary of Swedish Orphan Biovitrum AB (publ) (Sobi™), presented results from an online survey highlighting disease burden and … ITP Aero is a Spanish aero-engine and gas turbine manufacturer established as a joint venture between Spain’s SENER and Rolls-Royce. ITP Aero has digitalized its procurement with SAP Ariba to help ensure quality and speed across its complex, international supply chain. It plans to ask shareholders It plans to ask shareholders Back to top News; Rolls-Royce Selling Engine Subsidiary as Losses Continue. More Derbyshire manufacturing news. December 08, 2019. While this will be hugely upsetting news for our colleagues in Barnoldswick, this does not mean we are closing our Barnoldswick site. The announcement today is positive for ITP Aero and it demonstrates the continued confidence of Rolls-Royce in the company. A potential sale of ITP Aero to a new owner could unlock new growth and investment opportunities for the company, by enabling it to attract further work from customers other than Rolls-Royce. The company employs over 4,000 people at its production centres in Spain, United Kingdom, Mexico, Malta and India. Jump Main Menu. ITP Aero is a world leading company within its market, currently the ninth largest aircraft engine and components company in the world by revenue. Ranking among the top one hundred companies in the aerospace industry.