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Authorities in London have arrested one person as they investigate the sale of unapproved aircraft parts that have turned up in the fleets of several major airlines.
Britain's Serious Fraud Office (SFO) on Wednesday raided an address and arrested one person as part of a probe into an aircraft parts supplier that serviced several major airlines.
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Ryanair Holdings Plc (NASDAQ: RYAAY) reportedly discovered unauthorized parts in two aircraft engines, joining other significant airlines in dealing with the issue of components distributed with
CFM International Inc. identified more aircraft engines and forged documents linked to the UK parts distributor behind an alleged scheme to sell aircraft