MRO & Manufacturing
AxioAero Group Expands MRO Services with Airway Aerospace Acquisition
AxioAero Group, backed by CORE Industrial Partners, acquires Airway Aerospace to integrate parts distribution and repair services in aerospace MRO.

This article is based on an official press release from CORE Industrial Partners.
AxioAero Group Expands MRO Capabilities with Acquisition of Airway Aerospace
AxioAero Group, a portfolio company of the private equity firm CORE Industrial Partners, has officially announced the Acquisitions of Airway Aerospace LLC. The transaction, announced on January 7, 2026, marks a significant expansion for the Florida-based aerospace platform as it seeks to vertically integrate aftermarket services.
This acquisition represents the second major investment for the AxioAero platform. It follows the January 2024 purchase of Aviation Concepts, LLC, a distributor of mission-critical aircraft parts. By acquiring Airway Aerospace, AxioAero aims to combine parts distribution with specialized maintenance, repair, and overhaul (MRO) capabilities, creating a more robust service offering for commercial and military aviation clients.
Strategic Rationale: Vertical Integration
According to the press release, the primary driver behind this transaction is the creation of a vertically integrated aftermarket aerospace platform. The integration of Airway Aerospace is designed to complement the existing capabilities of Aviation Concepts.
Jason Fulton, a Partner at CORE Industrial Partners, highlighted the operational benefits of this combination in a statement regarding the deal:
“Combining ACI’s [Aviation Concepts] parts distribution network with Airway’s repair offerings improves turnaround times and delivers greater value to customers.”
The strategy focuses on offering a “one-stop” solution that can reduce turnaround times, a critical metric in the aviation industry, by housing both component supply and repair services under one umbrella. The deal also expands AxioAero’s market reach across cargo, commercial, and defense sectors.
Target Profile: Airway Aerospace
Founded in 2013 and headquartered in Doral, Florida, Airway Aerospace operates as an FAA-certified repair station. The company holds certifications from the Federal Aviation Administration (FAA), the EASA, and the UK Civil Aviation Authority (CAA), allowing it to service a global customer base.
Airway specializes in the repair and overhaul of critical aircraft components, including:
- Hydraulics and pneumatics
- Fuel systems and flight controls
- Electrical components
- Thrust reversers and nacelles
The company services a wide range of aircraft platforms, including the Boeing 737, 747, and 767, as well as the Airbus A320 family, A300, and A330. It also supports military variants such as the Boeing 707. Additionally, Airway possesses RS-DER (Repair Specification Designated Engineering Representative) authority, enhancing its technical engineering capabilities.
Executive Commentary
Matt Haugk, CEO of AxioAero Group, emphasized the forward-looking nature of the acquisition in the company’s announcement:
“The acquisition of Airway Aerospace marks an important step in AxioAero’s strategy to build a differentiated platform in the aerospace aftermarket… Together, we will continue to expand capabilities and deliver value to customers worldwide.”
Joe Ferrer, the owner of Airway Aerospace, will remain with the company following the transaction. He expressed confidence in the partnership’s ability to support growth while maintaining the company’s established culture:
“We view AxioAero Group as the ideal partner to support our continued growth while ensuring the Company retains its core identity, culture, and small-business agility.”
AirPro News Analysis
We observe that this transaction aligns with broader trends in the aerospace MRO sector, where private equity firms are increasingly consolidating fragmented markets. By acquiring specialized repair stations like Airway, platforms like AxioAero can mitigate supply chain volatility. Owning both the parts distribution (via Aviation Concepts) and the repair capability (via Airway) provides a hedge against the parts shortages that have plagued the post-2020 aviation landscape. Furthermore, with aging fleets of B737 and A320 aircraft requiring more frequent maintenance, the demand for the specific component repairs offered by Airway is likely to remain strong.
Sources
Photo Credit: AxioAero Group
MRO & Manufacturing
Safran Nacelles Delivers 5000th A320neo Nacelle
Safran Nacelles hits 5,000 A320neo nacelles with 100% on-time delivery and plans to scale output to 1,000 units per year.

Safran Nacelles has delivered its 5,000th nacelle for the Airbus A320neo program, maintaining a 100 percent on-time delivery rate as the manufacturer prepares to scale production to 1,000 units annually.
The milestone was celebrated on June 30, 2026, at Safran’s Colomiers facility near the Airbus final assembly line in Toulouse, France. According to a company press release, the achievement highlights the rapid production ramp-up required to support Airbus amid ongoing global Supply-Chain pressures.
Scaling production and supply chain performance
Safran Nacelles, working in conjunction with Middle River Aerostructure Systems, has insulated its A320neo nacelle output from broader industry bottlenecks. The company reported a flawless on-time Delivery record for the program to date, a metric it intends to protect as output increases.
What we are experiencing with the A320neo is unprecedented. This 5,000th Nacelle marks an important milestone and demonstrates the exceptional momentum of the programme. As demand continues to grow, we are preparing to produce up to 1,000 nacelles per year to support Airbus and Airlines around the world.
The statement from Safran Nacelles CEO Vincent Caro underscores the pressure on Tier 1 suppliers to match the pace of aircraft original equipment OEMs as they work through historic backlogs.
Airbus delivery targets and backlog pressure
The push for 1,000 nacelles per year aligns directly with Airbus’s aggressive production schedules. The European airframer is targeting 870 Commercial-Aircraft deliveries in 2026. Through the end of May 2026, Airbus had handed over 262 aircraft to 68 customers, including 81 deliveries in May alone.
The Airbus A320 family recently surpassed 20,000 total orders, cementing its status as a primary revenue driver for both Airbus and its supply chain partners. Fulfilling this backlog requires synchronized output across all major component providers, making nacelle availability a critical factor in final assembly.
AirPro News analysis
We view Safran’s 100 percent on-time delivery rate as a notable outlier in an aerospace supply chain otherwise defined by chronic delays and material shortages. Achieving a production rate of 1,000 nacelles annually will test the resilience of Safran’s sub-tier suppliers. If the company can maintain its delivery metrics at that volume, it will remove a critical potential chokepoint for Airbus as the airframer chases its 870-aircraft target for 2026.
Sources: Safran Group
Photo Credit: Safran Group
MRO & Manufacturing
FTG Opens First India Facility in Hyderabad Aerospace Park
Firan Technology Group opened its Hyderabad facility on June 29, 2026, producing avionics and cockpit electronics for global OEMs.

Firan Technology Group Corporation (FTG) officially opened its first Indian manufacturing facility on June 29, 2026, establishing a new production hub for cockpit and avionics components within the GMR Aerospace and Industrial Park in Hyderabad.
Announced via a company press release, the FTG Aerospace Hyderabad facility culminates a three-year strategic effort to expand the Canadian manufacturer’s global footprint. The new site provides low-cost capacity to support Western demand for commercial and defense aerospace products while mitigating risks associated with restrictive trade policies in other global markets.
Strategic expansion and local integration
The customized Built-to-Suit unit was developed by GMR Hyderabad Aviation SEZ Limited (GHASL). It is situated within a 277-acre aerospace and industrial park, integrating FTG into an established airport-led ecosystem. The facility will focus on designing and manufacturing high-reliability printed circuit boards (PCBs), illuminated cockpit products, electronic assemblies, and cockpit interface electronics for global original equipment manufacturers (OEMs).
In the press release, FTG President and CEO Brad Bourne described the opening as a strategic milestone for the company.
“GMR’s world-class Built-to-Suit infrastructure and integrated, airport-led ecosystem give us an ideal platform to deliver the high-reliability avionics and cockpit interface electronics our global OEM customers depend on,” Bourne stated.
Bourne also noted that significant work remains to fully operationalize the site. The company is currently focused on adding and training staff, securing necessary industry certifications, obtaining customer approvals, and ramping up production.
Aligning with domestic manufacturing initiatives
The Hyderabad operation brings FTG’s manufacturing presence to four countries, joining existing facilities in Canada, the United States, and China. The expansion aligns directly with the Indian government’s “Make in India” policy, positioning the company to serve both domestic defense requirements and international export markets.
Aman Kapoor, CEO of GMR Airport Land Development, stated that the launch marks a significant step in building a globally competitive aerospace manufacturing ecosystem in the region. Kapoor emphasized that FTG’s presence will strengthen domestic supply chains and advance indigenization efforts, further cementing Hyderabad as a primary hub for aerospace and industrial innovation.
AirPro News analysis
We view FTG’s expansion into India as a calculated hedge against ongoing geopolitical and trade friction. By establishing a secondary low-cost manufacturing base outside of China, FTG provides its Western aerospace and defense customers with a more resilient supply chain. The choice of Hyderabad specifically leverages an existing aerospace cluster, which should help accelerate the complex certification and approval processes required for aviation electronics production.
Sources: Firan Technology Group Corporation
Photo Credit: The Hindu
MRO & Manufacturing
Embraer Acquires Full Ownership of EZ Air Interior
Embraer buys remaining 50% of EZ Air from Safran Cabin to secure E-Jet cabin supply ahead of a major production ramp-up.

Embraer has taken full ownership of its interior components supplier, EZ Air Interior Limited, acquiring the remaining 50 percent stake from Safran Cabin on July 1, 2026, to secure its supply chain amid a major production ramp-up.
The transaction, announced in a company press release, gives the Brazilian aerospace manufacturers complete control over the production of critical cabin elements for its E-Jets family. The agreement also includes the integration of specific Safran Cabin operations located in JacareÃ, Brazil, into Embraer’s manufacturing footprint.
Consolidating the cabin supply chain
Established in 2012 in Chihuahua, Mexico, EZ Air was originally formed as a joint venture between Embraer and C&D, a company that was later absorbed into Safran Cabin. The Chihuahua facility specializes in manufacturing essential interior components, including luggage bins, galleys, lavatories, and floor panels for commercial-aircraft.
Embraer President and Chief Executive Officer Francisco Gomes Neto stated the acquisition aligns with the company’s strategy to expand operations in both the short and long term, while continuously evaluating opportunities to create value for stakeholders.
“I would like to thank Safran Cabin for this successful long-term partnership and warmly welcome the new colleagues joining Embraer. Together, we will continue to deliver excellence driven by safety, quality, efficiency and sustainability,” Gomes Neto said.
Production targets and backlog pressures
Embraer is actively working to stabilize its supply-chain to meet a record firm order backlog, which reached $32.1 billion in the first quarter of 2026. The manufacturer is targeting an annual production rate of approximately 100 E-Jet aircraft by 2027 or 2028.
Securing full ownership of EZ Air mitigates execution risks as Embraer increases the output of its E175 and E2 family aircraft. By bringing the production of critical interior components entirely in-house, the company aims to insulate its final assembly lines from external supplier delays.
AirPro News analysis
We view this acquisition as a defensive vertical integration move typical of the current aerospace manufacturing environment. With global supply chains remaining fragile, original equipment manufacturers (OEMs) are increasingly bringing critical component production in-house to prevent bottlenecks. By taking full control of EZ Air, Embraer eliminates a potential single point of failure in its E-Jet assembly line, ensuring that cabin interior shortages do not derail its ambitious delivery targets over the next two years.
Sources: Embraer
Photo Credit: Embraer
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