NEWS

January 18, 2018
Ignacio Mataix to leave ITP Aero
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.
November 23, 2017
CEB reinforces partnership with ITP
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.
April 4, 2017
ITP turnover up 9.9%, reaching 780 million euros in 2016
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.
March 11, 2017
XIV Technology Conference “ITP 2020: From planning to reality”
During the 3rd and 4th of November, ITP holds its XIV Technology Conference at the Auditorium of the Guggenheim Museum of Bilbao aimed at deepening into the technological aspects that are allowing the fulfilment of the goals the company has set for 2020. More than 150 engineers take part in this year's edition.
March 7, 2017
ITP starts its Dual Professional Training programme
ITP started its Dual Professional Training programme today with the enrolment of 19 students: nine are joining the company's central plant in Zamudio, where they will be working closely with the CFAA (Aeronautics Advanced Manufacturing Centre), and ten are joining the PCB plant in Barakaldo, where the company's casting operations are based.
November 7, 2016
Rolls-Royce Holdings plc acquisition of outstanding stake in ITP from SENER
Rolls-Royce Holdings plc will purchase the outstanding 53.1% shareholding in Industria de Turbo Propulsores SA ("ITP") owned by SENER Grupo de Ingeniería SA ("SENER"). The acquisition strengthens Rolls-Royce's position on its Civil Aerospace large engine growth programmes by capturing significant additional value from its long-term aftermarket revenues, including the high volume Trent 1000 and Trent XWB engines, where ITP has played a key role as a risk and revenue sharing partner. It also enhances the group's manufacturing and services capabilities and adds value to the Defence Aerospace business, particularly on the TP400 and EJ200 programmes.
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