ARC NEWS
GE Aerospace Expands Engine Overhaul Facility in Scotland
October 13, 2026
GE Aerospace announced plans to invest £30 million ($40 million) in expanding its engine overhaul facility in Prestwick, Scotland, supported by £27 million in public-sector funding. The project will improve maintenance capacity, logistics and operational efficiency, with the new facility scheduled to commence operations in the first quarter of 2028. The expansion is expected to create approximately 150 additional jobs by 2031. GE will also contribute £75,000 towards aerospace training at Ayrshire College.


Aegean Airlines Appoints New CEO Following Leadership Transition
October 13, 2026
Aegean Airlines appointed Michalis Kouveliotis as chief executive with immediate effect, succeeding Dimitris Gerogiannis after 20 years in the role. Gerogiannis will remain as an adviser overseeing the airline's technical base and training centre. Kouveliotis, previously deputy CEO and long-serving finance chief, takes over as part of a planned leadership succession. The transition comes amid rising fuel costs and geopolitical uncertainty, with Aegean moderating capacity growth while continuing fleet renewal and network expansion.


Saudi Arabia Extends Riyadh Airport Closure Following Attacks
October 12, 2026
Saudi Arabia's General Authority of Civil Aviation (GACA) extended the suspension of flights at Riyadh's King Khalid International Airport following an attack on 11 October that killed one person and injured 11. The airport has experienced several recent attacks, including one that reportedly destroyed an aircraft and killed a Saudia pilot. The closure disrupted operations at a major aviation hub, where 665 flight movements were scheduled for 12 October, primarily operated by Saudia, Flynas and Flyadeal.


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