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January 2017

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Aircraft Technical Publishers (ATP) has acquired CaseBank Technologies, a leader in integrated diagnostic, troubleshooting and fault detection solutions for the aviation, aerospace and defence industries, among others. The acquisition brings together two complementary solutions that help ATP move closer to its strategic vision of unified process management, enabling customers to drive dramatic improvements in productivity, cost savings, operations compliance and aircraft utilisation. In 2015, the company, under new ownership and management, announced its new vision building on the success of the ATP Aviation Hub Cloud Application, an integrated suite of ‘smart content’ services that embeds technical, operating, and regulatory content into maintenance workflows and processes.

 

Toronto-based CaseBank’s flagship solution, SpotLight guided diagnostics for complex equipment, is an interactive troubleshooting solution that rapidly guides service technicians through the process of pinpointing and resolving problems. SpotLight effectively replaces the traditional hierarchical troubleshooting guide by combining the company’s proven reasoning engine with a diagnostic database, leveraging the collective experience of field technicians, to uniquely synthesise OEM knowledge of failure indications with operational field experience. ChronicX is used by fleet operators to proactively identify and rank recurring defects across aircraft and engine fleets. ChronicX uses advanced algorithms to analyse aircraft maintenance records and uncover hidden service trends, such as previously undetected recurring problems, repeat defects/fixes occurring across multiple aircraft and repair stations, as well as emerging failure modes that have not yet reached critical status, allowing operators to become more proactive in addressing these issues to optimise fleet uptime. 

 

CaseBank’s customers include Bombardier, Gulfstream, Lockheed Martin, Pratt & Whitney and other Fortune 1000 companies. It has been a supplier to Bombardier Commercial Aircraft for over 15 years. It rolled out CaseBank’s SpotLight software as the ADS Plus intelligent troubleshooting tool and the new C Series aircraft has deployed SpotLight as Bombardier’s electronic Fault Isolation Manual (eFIM) system, which completely replaces conventional troubleshooting manuals and is fully integrated with Bombardier’s Navigator IETP (Interactive Electronic Technical Publications). 

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Ascent Aviation Services and Marana Aerospace Solutions (MAS) have announced a definitive merger agreement. The combined company will provide maintenance, flight line, storage, and reclamation services out of two facilities that collectively span more than 506 hectares and include five hangars. Located in Tucson International Airport, Ascent has long been recognised for their excellence in servicing narrowbody aircraft. MAS, with facilities located 35 miles from Ascent, is a Class 4 repair station, approved to service the largest commercial aircraft in the world.

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IFS has signed an agreement with the owners of Mxi Technologies to acquire the company. The acquisition is expected to close during the first quarter of 2017. Alastair Sorbie, IFS President & CEO, says: “With the acquisition of Mxi, IFS becomes a world leading provider of aviation maintenance software solutions to defence and commercial aviation operators, MROs, and OEMs. We will continue to invest in and market both the Maintenix and IFS Applications solutions for customers who want a point solution, but we also believe that an end-to-end integrated solution will be attractive to many companies in the sector. The deep aviation maintenance expertise of Mxi combined with IFS uniquely positions us to help new and existing customers achieve operational excellence. This acquisition is in line with IFS’s growth strategy and ambition to become the world’s leading provider of enterprise applications to global customers in asset, service, and product-centric verticals.”

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SIA Engineering Company Limited has signed a Joint Venture Agreement with Moog Incorporated to provide MRO services for Moog’s products, which include components on flight control systems for new-generation aircraft, such as the Boeing 787 and the Airbus A350. The agreement is subject to regulatory approvals being obtained in the relevant jurisdictions. Under the agreement, Moog will have a 51% equity stake in the joint venture, with SIAEC holding the remaining 49%.

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Triumph Group and Gores Small Capitalization Partners, an affiliate of The Gores Group, have announced a definitive agreement to acquire Triumph Air Repair, the APU overhaul operations of Triumph Aviation Services – Asia and Triumph Engines – Tempe. The transaction is subject to customary closing conditions and is expected to close in early 2017. The combined businesses generated revenues of approximately $81 million in Triumph Group’s fiscal year, which ended 31 March 2016.

 

The acquired company will retain its management, technical and supporting staff, and will continue operations at its current facilities in Chandler, AZ, and Chonburi, Thailand. It is expected that full integration of the companies will be completed in 2017. 

 

Earlier this year, Triumph Group announced a transformation plan that includes divesting non-core businesses to enable reinvestment and position the company for long-term success.

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