Air Industries Group announces that it has received a $7.4 million order for thrust struts, a critical component of the Geared Turbofan ("GTF") jet engine. This release is part of a previously announced Long-Term Agreement (LTA).
Mr. Lou Melluzzo, CEO of Air Industries commented: "Military aviation products dominate Air Industries' business. In terms of revenue, the thrust strut is our largest commercial aviation product. The pandemic's impact on air travel, and on the commercial aviation business, reduced demand for this product in 2020. This new release supports our sense that a rebound in commercial aviation is occurring sooner than expected. As a component of the Geared Turbofan Engine, our product is used on smaller airliners including the Embraer E2 and, most notably, the Airbus A-220, which has become increasingly popular with the Airline Operators."
Contact details from our directory: | |
Air Industries Machining Corp | Aircraft Landing Gear, Aircraft Structural Components, Automatic Flight Control Systems, Fabricating Services, Helicopter Landing Gear |
Pratt & Whitney Large Commercial Engines | Turbofan Engines |
Related directory sectors: |
Structural Components |
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