ITP Aero has started the second year of its Dual Specialized Professional Training programme with 19 student hires. 15 of them are joining the company's different production areas in its Zamudio facilities, and four more will be working in the CFAA (Advanced Aeronautical Manufacturing Center), where ITP Aero leads the Business Group made up by 58 partners.

The Helicopter Association International (HAI) has handed Chuck Hagen, Field Service Representative, Salesman and Trainer of Aeromaritime America, ITP Aero's subsidiary located in Mesa (Arizona), the Excellence in Maintenance of Helicopters Award. The prize has been awarded during the Helicopter Trade Show & Exhibition HAI HELI-EXPO held in Las Vegas, USA. This award acknowledges distinguished helicopter maintenance service professionals out of HAI's 18.000 members.

Ignacio Mataix has decided to leave ITP Aero and to take up another business opportunity. He will continue to work for ITP Aero until 16 February, in order to assure a smooth transition. The search for his replacement has already started. In this transition period the company and its Executive Team will be led by Carlos Alzola, who will become Interim General Manager ITP Aero; Simon Kirby, Rolls-Royce COO will provide strategic guidance.

Following Spanish Government approval of Rolls-Royce's acquisition of the remaining 53.1% stake in ITP, previously owned by SENER, from now on the Spanish company will be part of the Rolls-Royce group.

ITP has been providing maintenance, repair and overhaul (MRO) services to Cebu Pacific throughout the last seven years and this agreement signals the renewal of the partnership between both companies.

2017 is the centenary year of the first aircraft engine manufactured by the company Elizalde in Spain at the request of the government in office at the time (1917).

Operating income reached 67 million euros, an increase of 5.5% over the previous year, with 8.6% profitability on sales. The increase was mainly due to Commercial Aviation programmes in the production stage

ITP recorded turnover of 780 million euros in 2016, representing year on year growth of 9.9% and in-line with the company's forecast outlined in ITP's 2020 Strategic Plan. During the year, ITP's Commercial Aviation segment saw a 20.5% increase in activity, while Defence activity remained in line with 2015 and In Service Support recorded a slight 3.8% decrease.

The BO-105 is a lightweight utility helicopter that has been part of the Guardia Civil's Air Service fleet since the Helicopter Service was founded in 1973.