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. Read the news. The news today has no impact on Rolls-Royce’s announcement on 27 August 2020, in relation to a potential disposal of ITP Aero. The Covid-19 pandemic is having an unprecedented impact on commercial aviation. ITP Aero to increase capabilities as global tier 1 aerospace leader. Der Triebwerksbauer schlägt vor, den Umfang der Aktivitäten der soanischen Tochter ITP Aero zu erweitern. Cookies(Acces key ) 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. As part of ITP Aero, the Hucknall site will, in future, have the potential to unlock new growth and investment opportunities. Spanish Industry achieves Full Incorporation into Phase 1a of the NGWS/FCAS Programme. 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. 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. 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. Site map(Acces key ), Scholarschips and collaboration programmes. Contact ITP Aero on Messenger. 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. The announcement today is positive for ITP Aero and it demonstrates the continued confidence of Rolls-Royce in the company. As a result, ITP Aero announced last July the need to reduce its workforce by 15% globally. Aerospace Company. This builds on the existing track record, capability and competitiveness of ITP Aero in this area. 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. Rolls-Royce’s preparation work continues and an update will be provided when appropriate. In its thirty-year history, ITP Aero has established itself as the ninth largest aeronautical engine and components company in the world. 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 ) Site map(Acces key ), Scholarschips and collaboration programmes. Das unabhängige Nachrichten- und Informationsportal für alle, für die Fliegen mehr ist als schneller Transport über Kontinente. Page Transparency See More. It also provides MRO services for a wide range of engines for regional airlines, business aviation, helicopters, industrial and defense applications. News; Rolls-Royce Selling Engine Subsidiary as Losses Continue. Facebook is showing information to help you better understand the purpose of a Page. Under ITP Aero’s ownership, the Hucknall site will have the potential to unlock new growth and investment opportunities. Forgot account? Both proposals are subject to consultation with employee representatives in the UK. Cookies(Acces key ) Egypt reopens airspace to Qatar New U.S. tariffs on european aircraft parts to start Tuesday 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. 105 people follow this. Legal advice(Acces key 8) Rolls-Royce chief executive Warren East said: “We ended 2019 with good operational and financial momentum. 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. The company employs over 4,000 people at its production centres in Spain, United Kingdom, Mexico, Malta and India. Rolls-Royce’s preparation work continues and an update will be provided when appropriate. Not Now. Go to company website 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. The aerospace giant is slashing costs, laying off 9,000 of its 52,000 staff and selling ITP. We are commencing consultation on a proposal to close the structures facility on the site. ITP Aero is a world leading company within its market, currently the ninth largest aircraft engine and components company in the world by revenue. 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. 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. ITP Aero has digitalized its procurement with SAP Ariba to help ensure quality and speed across its complex, international supply chain. Create New Account. ITP Aero is a Spanish aero-engine and gas turbine manufacturer established as a joint venture between Spain’s SENER and Rolls-Royce. The news today has no impact on Rolls-Royce’s announcement on 27 August 2020, in relation to a potential disposal of ITP Aero. 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. December 08, 2019. Industria de Turbo Propulsores, S.A. (ITP) ist ein spanisches Unternehmen und Teil der ITP-Gruppe zur Herstellung von Niederdruckturbinenstufen von Strahltriebwerken. Ranking among the top one hundred companies in the aerospace industry. Visit aero.uk for daily aviation news from our editors and Reuters. Das 1989 gegründete Unternehmen beschäftigt sich mit Engineering, Forschung, Produktentwicklung, Herstellung, Montage und Prüfung von Gasturbinen für die moderne Luftfahrt. ITP Aero will represent the interests of the national industry, contributing to the integration and development of its technological and industrial base As part of ITP Aero, the Hucknall site will, in future, have the potential to unlock new growth and investment opportunities. Aerospace Company . (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. 12/03/2020. ITP Aero and IMDEA Materials collaborate on an industry leading R&D programme to simulate 3D manufacturing. view more headlines. “ITP Aero, currently undergoing its own restructuring, offers a more cost competitive option than our existing structures facility in Barnoldswick, UK. ITP Aero includes among its activities the design, research and development, manufacturing and casting, assembly and testing of aeronautical modules and engines. Ranking among the top one hundred companies in the aerospace industry. Jump Main Menu. 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. 100 people like this. This indication of interest is subject to a number of conditions. Rolls-Royce baut Tochter ITP Aero aus - und will sie verkaufen (aeroTELEGRAPH) 03.12.20. However, the Covid … EDR News . Legal advice(Acces key 8) Rolls-Royce Considers Shedding Its ITP Aero Unit | Air Transport News: Aviation International News … The company employs over 4,000 people at its production centres in Spain, United Kingdom, Mexico, Malta and India. ITP Aero is a world leading company within its market, currently the ninth largest aircraft engine and components company in the world by revenue. 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. More Derbyshire manufacturing news. See actions taken by the … 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. 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. In 2019, ITP Aero reported underlying sales growth of 21% year-on-year. The casing manufacturing project is part of the CDTI and the European … The ITP Aero Board, chaired by Josep Piqué, has added Ben Story, strategic marketing director Rolls-Royce and retired Colonel Diego García Bernabeu. France: President Macron confirms that the future aircraft carrier will feature nuclear propulsion . ITP Aero Industry News . There is no certainty that this will result in a transaction involving ITP Aero. Community See All. Rolls-Royce to start sale process for ITP Aero in first half of 2021 Reuters 08:38 11-Dec-20. 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 … 11/11/2020. Under this restructuring, Rolls-Royce is initially proposing to transfer its Hucknall-based aero-engine component production facility to ITP Aero. 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. As a result, both Rolls-Royce and ITP Aero are looking to become more efficient, increase their competitiveness and secure a successful future. While this will be hugely upsetting news for our colleagues in Barnoldswick, this does not mean we are closing our Barnoldswick site. 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. News ITP Aero Home. ITP Aero. Log In. The news comes three months after Rolls-Royce announced plans to sell ITP Aero and other assets to raise at least £2bn. The division was also quite profitable, with ITP Aero reporting operating profit of £111m for 2019. Jump Main Menu. or. See more of ITP Aero on Facebook. ITP Aero News and Updates. 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. 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. Notwithstanding the outcome, ITP Aero … 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.”. As ITP Aero weighs on Rolls-Royce, the UK engine maker considers its divestiture. More news 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. It plans to ask shareholders It plans to ask shareholders Back to top About See All. Rolls-Royce is proposing to integrate its facility and workforce in Hucknall, East Midlands, UK, into ITP Aero. ITP Aero operates as a corporate entity within the Rolls-Royce group. Results from a Survey With Patients With Immune Thrombocytopenia (ITP) Demonstrates Disease Burden and Impact for Patients With ITP. 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. News ; ITP Aero; Triebwerksbauer Rolls-Royce will Töchter losschlagen. 11 Dec 08:38. 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. ITP Aero will continue to be managed from Spain and headquartered in Zamudio, Biscay, with key locations in Spain, United Kingdom and Mexico. 11/26/2020. 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. 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 ) The actions proposed will enhance ITP Aero’s position as a global Tier 1 aerospace leader. EUROJET signs contract with NETMA for provision of 56 new EJ200 engines for the German Air Force. ( aeroTELEGRAPH ) 03.12.20 airlines, business aviation, helicopters, industrial and defense applications the Covid-19 is... Actions proposed will enhance ITP Aero ’ s position as a result, both Rolls-Royce and ITP Aero established! 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