Rolls-Royce Engines Propel Airbus BelugaXL on Maiden Flight

Lufthansa to Cut 4,000 Jobs by 2030 Amid Economic Challenges and AI Integration Lufthansa Group has announced plans to reduce its workforce by approximately 4,000 positions by 2030, predominantly affecting roles in Germany. This decision forms part of a broader strategy to streamline operations in response to ongoing economic pressures and the increasing integration of digital technologies, including artificial intelligence. The job reductions will mainly target administrative functions, reflecting the airline’s commitment to leveraging automation to enhance operational efficiency. Strategic Restructuring and Operational Integration As one of Europe’s largest airline groups, Lufthansa employs around 103,000 people globally and oversees several carriers, including Eurowings, Austrian Airlines, Swiss, Brussels Airlines, and the recently acquired ITA Airways. The group is undertaking a comprehensive restructuring aimed at closer integration of its five network airlines. This consolidation is expected to eliminate redundancies and reshape internal workflows, fostering greater cooperation across the group’s entities. In a company statement, Lufthansa emphasized that increased collaboration within the group will bring significant changes to processes and structures governing inter-company operations. The airline is currently assessing which activities may become obsolete due to automation and AI-driven efficiencies, particularly in administrative areas. Financial Targets and Industry Context The workforce reduction is part of Lufthansa’s wider effort to improve profitability and competitiveness amid challenging market conditions. The group has set ambitious financial goals, targeting an adjusted operating margin of 8 to 10 percent by 2028 and anticipating substantially higher profitability by the end of the decade. Concurrently, Lufthansa is investing heavily in fleet modernization, with plans to introduce over 230 new aircraft—including 100 long-haul planes—by 2030. This announcement arrives against the backdrop of Germany’s second consecutive year of recession, marked by the highest unemployment rate in a decade. German companies continue to face rising energy costs, intensified competition from China, and sluggish progress in digital transformation. Lufthansa’s move aims to reassure investors of its commitment to cost discipline and operational efficiency following recent criticism of its financial performance. Broader Industry Trends Lufthansa’s decision mirrors similar restructuring efforts by other major German employers. For instance, engineering giant Bosch recently revealed plans to cut 13,000 jobs worldwide, representing about 3 percent of its workforce. The aviation sector at large is also under pressure to adapt to evolving market dynamics. In the United States, Spirit Airlines announced plans to furlough 1,800 flight attendants—approximately one-third of its cabin crew—as part of bankruptcy proceedings and cost-cutting measures. The Association of Flight Attendants is actively assisting affected employees in securing positions with other carriers, with furloughs scheduled to begin on December 1. Lufthansa’s restructuring highlights the significant challenges legacy airlines face as they navigate economic uncertainty, technological disruption, and the imperative to enhance efficiency in a rapidly changing industry landscape.

Lufthansa Group Announces Retirement of Six Aircraft Types by 2028 Lufthansa Group has revealed an ambitious plan to retire six widebody aircraft types from its fleet by 2028, signaling a major step in its ongoing modernization and harmonization strategy. The announcement, made during the airline group’s Capital Markets Day, outlines a phased approach aimed at streamlining operations, reducing costs, and advancing sustainability objectives across all Lufthansa Group carriers. The aircraft slated for retirement include the Airbus A340-600, A330-200, A340-300, Boeing 767-300, Boeing 747-400, and Boeing 777-200. The phase-out will begin with the A340-600, A330-200, and 767-300 by 2026, followed by the 747-400 and A340-300 in 2027, with the process expected to conclude by the end of 2028. Currently, the group operates 13 different passenger aircraft types, and this reduction will simplify maintenance, crewing, and fleet management, thereby decreasing operational complexity. Executives emphasized that future aircraft deliveries will adhere to standardized specifications across the group’s airlines to further enhance efficiency. Fleet Modernization and Future Outlook As part of its broader renewal strategy, Lufthansa Group plans to introduce next-generation aircraft such as the Airbus A350-900, A350-1000, Boeing 787-9, and Boeing 777-9 (777X). These models are intended to form the core of the group’s long-haul fleet by 2030, alongside the Boeing 747-8i and a limited number of A330-300s and A330neos. The Airbus A380 will remain in service for the time being, although its long-term role within the fleet remains under evaluation. The group anticipates taking delivery of more than 230 new aircraft by 2030, with the number of widebody jets increasing by approximately 20 percent. This transition is expected to yield significant improvements in fuel efficiency and environmental performance, aligning with Lufthansa Group’s sustainability commitments. In addition to fleet renewal, the company is advancing digitalization and automation initiatives projected to reduce the workforce by around 4,000 jobs by 2030. These measures aim to streamline operations further and support the group’s financial objectives. Lufthansa expects these combined efforts to substantially enhance profitability, targeting an adjusted operating margin between 8 and 10 percent from 2028 onward. This comprehensive fleet renewal and operational overhaul underscore Lufthansa Group’s dedication to efficiency, sustainability, and maintaining long-term competitiveness in the global aviation industry.

Lufthansa to Cut 4,000 Jobs Amid AI-Driven Industry Transformation Lufthansa, one of Europe’s largest airlines, has announced plans to reduce its workforce by approximately 4,000 full-time positions by 2030 as part of a comprehensive restructuring effort. This decision reflects the broader transformation sweeping the aviation sector, driven by advances in artificial intelligence (AI) and automation that are reshaping airline operations globally. Strategic Restructuring and Operational Shifts The German carrier disclosed the job cuts during its recent Capital Markets Day in Munich, specifying that the majority of affected roles will be administrative positions based at its headquarters. Lufthansa emphasized that this reduction is a critical component of a wider strategy aimed at enhancing operational efficiency and profitability. Central to this strategy is the adoption of digitalization and AI technologies, which are enabling the automation of routine tasks and the elimination of redundant functions. In addition to workforce reductions, Lufthansa plans to deepen the integration of its network airlines and place greater emphasis on point-to-point services, maintenance, and freight operations. The company highlighted that technological advancements are facilitating streamlined workflows, thereby reducing the need for traditional administrative staff. Industry-Wide Trends and Reactions Lufthansa’s move aligns with a growing trend among major corporations leveraging AI to optimize their labor forces. For instance, financial services firm Klarna recently cut its headcount by 40%, attributing much of the reduction to AI-driven efficiencies. Similarly, Salesforce eliminated 4,000 customer support roles as it incorporated AI solutions, with CEO Marc Benioff noting the diminished necessity for human intervention. Consulting firm Accenture has adopted a more direct approach, with CEO Julie Sweet announcing plans to phase out employees unable to transition into AI-integrated roles, focusing instead on upskilling adaptable personnel. Despite the momentum toward automation, Lufthansa’s announcement has met resistance from the German trade union Verdi. The union criticized the planned job cuts, arguing that they threaten employee security amid rising aviation costs and increasingly stringent environmental regulations. Verdi contends that such reductions could exacerbate challenges already facing the sector. Financial Outlook and Market Response Lufthansa remains confident in its financial prospects, setting ambitious targets that include an adjusted operating margin of 8-10% by 2028, an increase from its previous goal of 8%. The airline anticipates sustained demand and profitability as it transitions to a leaner, more technologically advanced workforce. Investor reaction to the restructuring has been largely positive. Following the announcement, Lufthansa’s shares rose by 0.9% and have gained 25% since the beginning of the year, reflecting market confidence in the company’s strategic direction. Financial analysts, including those at UBS, have praised the airline’s revised long-term targets, noting that they surpass market expectations and underscore a firm commitment to AI-driven efficiency. As Lufthansa and other industry leaders continue to embrace automation, the aviation workforce faces significant transformation, underscoring both the opportunities and challenges presented by an AI-powered future.

Behind the Numbers: Maintenance Insights on the CFM56-7B Engine The CFM56-7B engine, developed by CFM International—a collaboration between GE Aviation and Safran Aircraft Engines—has established itself as a cornerstone of modern commercial aviation. Powering the Boeing 737 Next Generation (737NG) series, one of the most widely used aircraft families globally, the engine has earned a reputation for reliability, efficiency, and operational excellence since its commercial debut in the late 1990s. However, like all complex aerospace systems, it presents ongoing maintenance challenges that operators must address to sustain fleet readiness and safety. Operational Legacy and Technical Evolution The CFM56-7B first ran in April 1995 and entered commercial service two years later. Designed to outperform its predecessors, it delivers takeoff thrust ranging from 19,500 to 27,300 pounds-force (87–121 kN), powering the 737-600, -700, -800, and -900 variants. Building on the foundation of the earlier CFM56-3, the -7B introduced several technical advancements, including the use of advanced materials, a refined high-pressure turbine, and a 61-inch titanium wide-chord fan. Notably, the fan blade count was reduced from 36 to 24, and the incorporation of single-crystal turbine blades alongside 3D aerodynamic profiling contributed to an 8% improvement in fuel efficiency and a 15% reduction in maintenance costs compared to earlier models. With over 30,000 units produced, the CFM56-7B ranks among the best-selling jet engines in aviation history. Versatility Across Sectors Beyond commercial aviation, the CFM56-7B has demonstrated remarkable versatility. It powers specialized military platforms such as the Boeing 737 AEW&C airborne early warning aircraft, the C-40 Clipper transport, and the P-8 Poseidon maritime patrol aircraft. This adaptability underscores the engine’s durability and performance across diverse operational environments, reinforcing its significance in both civilian and defense aviation sectors. Maintenance Challenges and Industry Response Despite its strong track record, the CFM56-7B faces maintenance challenges, particularly as many operators continue to rely on aging fleets amid delays in new aircraft deliveries. This situation has intensified the need for comprehensive maintenance strategies to ensure continued operational reliability. Concurrently, competing engines like Pratt & Whitney’s Geared Turbofan (GTF) are addressing their own durability concerns while gradually expanding their market presence. In 2025, CFM engines are projected to power more than half of European commercial flights, highlighting their sustained dominance even as market dynamics evolve. To meet increasing maintenance demands, industry stakeholders are scaling up their capabilities. For instance, ST Engineering has increased production capacity for both the CFM56 and the newer Leap engine families. Additionally, manufacturers such as Pratt & Whitney and CFM are accelerating delivery schedules to support Airbus’s ambitious full-year aircraft production targets. These efforts reflect a broader industry commitment to maintaining operational reliability amid shifting fleet compositions and ongoing supply chain challenges. Lessons from the Field Operational experience has played a critical role in shaping maintenance practices for the CFM56-7B. A significant incident occurred on August 27, 2016, when Southwest Airlines Flight 3472 suffered an engine failure attributed to metal fatigue. This event triggered comprehensive industry reviews of inspection protocols, design enhancements, and regulatory standards. The incident underscored the vital importance of proactive maintenance and fatigue management in ensuring engine safety and longevity. Looking Ahead As the aviation sector navigates a transitional phase—balancing the continued use of older aircraft with the integration of new technologies—the CFM56-7B remains a vital asset. Its established performance record, combined with ongoing advancements in maintenance and support, positions it to continue playing a central role in global air travel for years to come.

Lufthansa to Cut 4,000 Jobs by 2030 Amid AI and Automation Drive Lufthansa has announced plans to reduce its global workforce by approximately 4,000 positions by 2030, attributing the decision to the expanding role of artificial intelligence and automation within its operations. The German carrier described the job cuts as part of a comprehensive strategy aimed at enhancing efficiency and profitability through digital transformation. In an official statement, Lufthansa highlighted that the significant changes driven by digitalization and AI adoption will improve efficiency across numerous functions and processes. The airline indicated that the majority of the job reductions will impact administrative roles based in Germany. Strategic Financial Goals and Operational Efficiency This restructuring initiative aligns with Lufthansa’s broader financial objectives. The company aims to increase its adjusted operating margin to between 8% and 10% starting in 2028, while projecting adjusted free cash flow to surpass 2.5 billion euros annually. Executives expect that these financial targets, supported by robust demand for air travel and an extensive fleet modernization program, will substantially enhance profitability by the end of the decade. Central to Lufthansa’s strategy is the integration of AI and automation to streamline operations and reduce costs. By automating specific tasks and processes, the airline anticipates achieving higher operational efficiency, which it deems essential to maintaining competitiveness in the rapidly evolving aviation sector. While Lufthansa has not disclosed detailed plans regarding the implementation of the job cuts, including whether layoffs will be accompanied by retraining or redeployment initiatives, the company affirmed its commitment to ongoing dialogue with employee representatives throughout the digital transformation process. This announcement reflects a wider trend within the aviation industry, where carriers are increasingly leveraging technological advancements to optimize operations and adapt to shifting market dynamics.

Osaka Selects Soracle and Archer’s Midnight Aircraft as Air Taxi Partners The city of Osaka has officially chosen Soracle, in collaboration with Archer Aviation’s Midnight aircraft, as its designated air taxi partner. This announcement represents a pivotal advancement in Osaka’s ambition to pioneer urban air mobility solutions, positioning the city as a leader in the emerging field of next-generation transportation. Partnership and Technological Deployment Central to this initiative is the deployment of Archer’s Midnight aircraft, an electric vertical takeoff and landing (eVTOL) vehicle designed to revolutionize urban transit. The partnership aims to accelerate the development and eventual commercialization of air taxi services within the region, potentially transforming how residents and visitors navigate the city’s urban landscape. Challenges and Industry Implications Despite the promising outlook, the collaboration faces significant challenges. Regulatory compliance remains a critical obstacle, as authorities strive to establish comprehensive safety and operational standards tailored to urban air mobility. Furthermore, integrating cutting-edge air taxi technology into Osaka’s existing infrastructure will demand extensive coordination and substantial investment. The competitive environment is also intensifying, with rival firms expected to expedite their own development efforts and forge strategic alliances to maintain market relevance. Market response to Osaka’s decision has been largely positive, with investor interest in air taxi enterprises surging amid growing confidence in the sector’s transformative potential. This development is widely regarded as a catalyst for further innovation and capital influx in the rapidly evolving air taxi industry. As Osaka advances with Soracle and Archer’s Midnight aircraft, the city’s progress will be closely monitored by industry participants and competitors, underscoring the accelerating race to commercialize urban air mobility solutions.

SoulfulTravelGuy.com Upholds Human-Centered Travel Reviews Amid AI Expansion As artificial intelligence increasingly permeates the travel industry, transforming how content is created and consumed, SoulfulTravelGuy.com has established itself as a reliable source for authentic, human-driven travel reviews. While AI-generated summaries and virtual assistants are becoming standard features on many online travel platforms, SoulfulTravelGuy.com distinguishes itself by providing detailed, firsthand accounts that capture the subtlety and warmth unique to human experience. Authentic Perspectives in a Technological Landscape SoulfulTravelGuy.com offers in-depth reviews of premium airline products, including Delta One, British Airways business class, and Virgin Atlantic Upper Class. These evaluations are grounded in actual travel experiences, highlighting aspects such as sleep quality, workspace functionality, and service variations across different aircraft and routes. For instance, the site’s guides on Delta One seats reveal seasonal service adjustments and operational nuances that only frequent travelers can discern. This level of detail contrasts sharply with the generalized content often produced by AI. The blog’s expertise extends beyond flights to airport lounges, with comprehensive coverage of venues like the Centurion Lounge at JFK. Regular, up-to-date reviews provide practical advice on optimal visiting times and crowd management, offering travelers actionable insights rather than generic promotional material. Industry Challenges and the Human Element The growing presence of AI in travel has raised concerns among industry professionals, with nearly half of travel agents expressing fears about job displacement due to automation and virtual agents. This technological shift has also led to skepticism among travelers regarding AI’s ability to replicate the personalized service and emotional connection that characterize memorable journeys. SoulfulTravelGuy.com addresses this gap by emphasizing the irreplaceable value of human perspective, delivering reviews and travel tips rooted in genuine experience rather than algorithmic output. In response to AI’s rise, many competitors, including major online travel agencies, have integrated AI-driven virtual assistants and expanded loyalty programs, sometimes at the expense of human-centered services. Within this evolving environment, SoulfulTravelGuy.com’s dedication to authentic, human-authored content offers a distinctive alternative for travelers seeking trustworthy and nuanced advice. Practical Guidance and Global Insights Beyond premium cabin reviews, SoulfulTravelGuy.com provides practical money-saving tips related to lounge access, rental cars, and taxis, assisting travelers in optimizing their budgets. The site’s global reach encompasses luxury hotels such as the St. Regis Mumbai, where reviews consider local service standards, cultural nuances, and destination-specific amenities. These insights enable travelers to form realistic expectations for luxury accommodations worldwide. Additionally, the blog offers strategic guidance on navigating airline and hotel loyalty programs, helping readers maximize elite status benefits and travel rewards. This expertise is informed by extensive international travel experience, ensuring relevance for travelers departing from or arriving at major aviation hubs across continents. About SoulfulTravelGuy.com SoulfulTravelGuy.com is an independent travel blog dedicated to delivering authentic reviews of premium airline products, airport lounges, and luxury hotels, all based on extensive personal travel. As the travel industry continues to evolve under the influence of AI, the site remains committed to preserving the human touch that discerning travelers value. For further information, visit soulfultravelguy.com.

Archer’s eVTOL Aircraft Selected for Osaka’s Air Taxi Program Archer Aviation (NYSE: ACHR) has announced that Soracle, a joint venture between Japan Airlines and Sumitomo Corporation, has been selected to lead the deployment of air taxi services in Osaka Prefecture. Soracle intends to utilize Archer’s Midnight electric vertical takeoff and landing (eVTOL) aircraft as the centerpiece of its fleet, positioning Archer as the sole U.S. eVTOL manufacturer to play a significant role in Osaka’s burgeoning advanced air mobility sector. Strategic Partnership and Regional Development This selection follows formal agreements between Soracle, Osaka Prefecture, and Osaka City, marking a critical advancement toward establishing the operational, regulatory, and community frameworks necessary for launching quiet, sustainable, and safe air taxi flights throughout Osaka and the wider Kansai region. Archer and Soracle’s strategic alliance, announced in November 2024, aims to introduce air taxi services in Japanese urban centers where ground transportation is hindered by congestion or challenging geography. Archer’s Midnight aircraft was recently showcased at the Osaka Kansai World Expo, underscoring the company’s vision for the future of urban air mobility in the region. Japan, recognized for its leadership in advanced transportation technologies—from high-speed rail to cutting-edge aviation infrastructure—is positioning itself as an early adopter of eVTOL technology as commercialization approaches. Regulatory and Market Challenges Despite this promising development, Archer faces significant challenges in entering the Japanese market. The company must navigate complex regulatory requirements, adhere to stringent safety standards, and support the development of new infrastructure essential for widespread eVTOL operations. These challenges are emblematic of the broader eVTOL industry, which is closely monitoring regulatory evolutions worldwide. Notably, the U.S. government’s eVTOL pilot program under the Trump administration seeks to accelerate electric air taxi adoption and may establish influential precedents for global markets. Investor interest in the eVTOL sector has surged following Archer’s selection, with competitors such as Joby Aviation expected to intensify efforts to secure market share through pilot programs and strategic partnerships. The competitive landscape is anticipated to evolve rapidly as regulatory clarity improves and infrastructure investments increase. Government Engagement and Future Prospects During a recent visit to Archer’s headquarters, Japan’s Minister of Land, Infrastructure, Transport and Tourism, Hiromasa Nakano, accompanied by officials from the Japan Civil Aviation Bureau and the Consul General of Japan in San Francisco, met with Archer’s leadership to discuss the future of air taxi services across Japan. Adam Goldstein, Archer’s CEO and Founder, expressed pride in the ongoing partnership with Soracle and praised their achievement in securing air taxi rights in Osaka. He emphasized the importance of the delegation’s visit and the company’s commitment to building the foundation for commercial air taxi services in Japan. Soracle CEO Yukihiro Ota highlighted the significance of the partnership agreement with Osaka Prefecture and Osaka City, expressing confidence in achieving the goal of commercial eVTOL air taxi service in the region through Archer’s dedicated cooperation and support. As Osaka prepares to introduce air taxis, the city’s initiative may serve as a model for other regions aiming to integrate eVTOL technology into their transportation networks, potentially shaping the future of urban mobility in Japan and beyond.

EmpowerMX Advises MROs on New Systems to Improve Profitability and Productivity EmpowerMX is advocating for Maintenance, Repair, and Overhaul (MRO) organizations to adopt advanced digital systems aimed at enhancing both profitability and productivity amid ongoing industry challenges. At a recent industry event, EmpowerMX CEO Revie presented a streamlined approach focused on real-time data integration and enhanced collaboration across departments. A Unified Data Approach to MRO Operations Revie emphasized the importance of a single, real-time data set accessible to all departments involved in aircraft maintenance. “By working with a single, real-time data source, every team can see the live status of any aircraft under maintenance, track task completion, and monitor project timelines,” he explained. This unified system is designed to eliminate information silos and improve transparency across sales, planning, supply chain, and technical teams, fostering a more cohesive operational environment. The process begins with sales generating quotations, but unlike traditional methods, these quotations are now created using live data from a central system. This allows all stakeholders to observe activities as proposals develop. Leveraging both historical and current data, the system automatically generates initial work plans, enabling sales teams to accurately assess resource requirements and identify potential supply chain issues early in the process. Addressing Supply Chain Challenges with Advanced Technologies This digital transformation is particularly relevant as MROs continue to grapple with persistent supply chain disruptions, especially in component maintenance—a challenge underscored by Aviation Week Network. By integrating technologies such as the Internet of Things (IoT) and artificial intelligence (AI), MROs can better anticipate and mitigate risks, ensuring the timely availability of materials and resources. Revie highlighted that the system supports the entire organization, with the contracts team creating digital agreements based on detailed line items. This ensures that technicians and planners have clear guidance on project scope and limitations. “The digital contract will monitor all project activities, ensuring work is completed exactly to contract terms,” he noted. Additionally, historical contracts are stored centrally to support compliance and facilitate continuous improvement. Planning teams, involved from the quotation stage, refine schedules and resource allocation once contracts are secured. Each task is assigned specific start and end times, including anticipated findings, to optimize technician deployment and minimize workflow disruptions. “This plan is executed by technicians with minimal adjustments, forming the foundation of a new, more efficient MRO identity,” Revie concluded. Industry Trends and Regulatory Challenges Roger Sixto, Senior Director of Worldwide Implementations at EmpowerMX, stressed that defining lean processes is essential before implementing the appropriate MRO identification system. This digital transformation aligns with broader industry trends, as competitors increasingly adopt similar strategies to maintain competitiveness and resilience. However, the transition to digital operations presents challenges, particularly with evolving regulatory requirements such as the EU Deforestation Regulation, which demands heightened supply chain traceability. MROs must ensure end-to-end visibility and compliance to meet these standards. As the aerospace sector accelerates its digital transformation, organizations embracing integrated, data-driven systems will be better equipped to navigate market volatility and regulatory pressures while driving improved profitability and productivity.

StandardAero Appoints Michael L. Kaplan as Chief Legal Officer StandardAero has announced the appointment of Michael L. Kaplan as its new Chief Legal Officer, effective October 6, 2025. Kaplan returns to the company to succeed Steve Sinquefield, who is retiring after more than a decade in the role. Kaplan previously held several senior positions at StandardAero, including Senior Vice President, Chief Security Officer, General Counsel, and Secretary. He will report directly to Russell Ford, Chairman and CEO of StandardAero. Extensive Legal and Executive Experience Headquartered in Scottsdale, Arizona, StandardAero is a leading provider of aerospace engine aftermarket services, specializing in engine maintenance, repair, and overhaul (MRO), as well as engine component repair. Kaplan brings over 25 years of legal and executive leadership experience to the position. Most recently, he served as Senior Counsel at the global law firm Norton Rose Fulbright, where he advised clients on complex corporate, securities, and mergers and acquisitions matters. His previous executive roles include more than a decade as Chief Legal Officer at M.D.C. Holdings, Inc. and Red Robin Gourmet Burgers, Inc., where he led legal and compliance functions. Russell Ford expressed confidence in Kaplan’s appointment, stating, “We are delighted to welcome Michael back to StandardAero. He brings deep legal and compliance expertise across a variety of industries, including knowledge of both our business and aviation. His track record of delivering substantial value in his roles will help fuel StandardAero as we continue to execute on our strategic growth plan.” Transition and Industry Implications As Kaplan assumes his new responsibilities, he will be tasked with integrating his expertise into StandardAero’s existing legal framework while ensuring alignment with ongoing litigation and regulatory compliance. The appointment is anticipated to be positively received by investors, who may view it as a strategic effort to strengthen the company’s legal standing. Competitors within the aerospace sector are likely to observe StandardAero’s evolving legal strategies closely and may adjust their own compliance approaches accordingly. Ford also paid tribute to the outgoing Chief Legal Officer, Steve Sinquefield, whose 40-year career in aviation encompassed leadership roles at Beechcraft Aircraft Company, Raytheon Aerospace Services, Vertex Aerospace, L-3 Communications Integrated Systems, Tenax Aerospace Holdings, and StandardAero. “Steve has been instrumental in shaping our company into the global leader we are today, and we wish him the best as he steps into a well-earned retirement,” Ford said. Sinquefield will remain with StandardAero through the end of 2025 to support Kaplan’s transition into the role.