ITP Aero, a leading Spanish aerospace engine manufacturer, reported that in 2025, the company continued to see strong growth driven by its maintenance, repair, and overhaul (MRO) activities. The firm achieved a 17% increase in revenue compared to the previous year, reaching €373 million ($373 million), with pre-tax profits rising by 30%, underscoring the significance of its aftermarket operations.
The company, which manufactures low-pressure turbines for engines like the Rolls-Royce Trent series, also supplied its first combustor for Pratt & Whitney's Geared Turbofan (GTF) program in 2025. Expanding support for GTF engines, ITP Aero enhanced its Madrid facilities to maintain PW1500G and PW1900G engines and acquired Aero Norway, boosting capabilities for CFM56 engine variants.
In addition, ITP Aero partnered with GE Aerospace to support CF34-10 engines for regional aircraft, aiming for maintenance activities to make up 20-25% of its total revenue over the next five years. The company, originally a Rolls-Royce subsidiary, was sold to Bain Capital in late 2022 for €1.6 billion, and its growth strategy includes strategic partnerships and acquisitions to strengthen its aftermarket footprint.
