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May 2017

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Able Engineering & Component Services and Able Aerospace have merged into a single entity named Able Aerospace Service. The change caps off a progression that began with the company’s early 2016 acquisition by Textron Aviation.

 

Based in Mesa, AZ, Able offers a comprehensive menu of repair, overhaul and parts solutions for more than 1,400 fixed and rotary wing customers in 60 countries across the globe. Prior to the merger and name change, Able operated as two complementary but separate companies. Able Engineering & Component Services directed all activity related to MRO services. Able Aerospace managed the engineering and manufacturing of proprietary, FAA-approved PMA parts. Together, the companies developed a cadre of more than 10,000 FAA-approved repairs and overhauls, some of the world’s largest rotable exchange inventories and in-house specialised services ranging from electroplating, chemical processing, machining and grinding to NDT testing, hydraulics and bearings services.

 

Able operates from a 200,000ft2 headquarters located at Phoenix Mesa Gateway Airport. The company completes more than 98% of all jobs in-house through a collaborative staff of mechanics, engineers, DER experts and customer service specialists.

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Aerospace Resource Group (ARG) has received additional capital from Trivest Growth Investment Fund and ACM Capital Partners to achieve its growth strategy, along with a new $15 million senior credit facility from Florida Community Bank. The founder of ARG, Juan Menadier, will continue to be at the helm of Aerospace Resource Group, with the support of ACM’s senior professional team. Aerospace Resource Group, with its wholly-owned subsidiaries, Professional Technology Repairs and Professional Sales and Logistics Services, is a privately held, full-service aftermarket commercial, cargo and military aircraft MRO and parts supplier based in Miami, Florida. The combined entities, which employ over 120 team members, provide component repair and overhaul and structural and interior repair and overhaul in addition to on wing assistance across the globe. In addition to being certified by the FAA as a Part 145 repair station, the company is also certified by both EASA and ANAC.

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ST Aerospace secured new contracts worth about S$1.11 billion in 1Q17 for services ranging from line and heavy airframe maintenance to component repair and overhaul.

 

The 1Q17 contracts include performance-based logistics operation and support for military aircraft, several components repair and overhaul agreements, and contracts for EcoPower engine wash services. Among these contracts are several multi-year renewal agreements.

 

The aerospace sector redelivered a total of 836 aircraft for airframe maintenance and modification work in 1Q17. Additionally, a total of 11,021 components, 65 landing gears and 38 engines were processed, while 2,292 engine washes were conducted.

 

ST Aerospace expanded its MRO capacity in China during the quarter with the opening of a second hangar in Guangzhou, which can accommodate two widebody and two narrowbody aircraft simultaneously. With the new hangar which will have 500,000 man-hours in capacity when it reaches steady state, the Guangzhou MRO facility will have 1 million man-hours in capacity in total.

 

In Germany, ST Aerospace expanded its capacity in aircraft component manufacturing when its subsidiary Elbe Flugzeugwerke broke ground for a new facility in Kodersdorf, Saxony. When completed, the facility will add 200,000 composite panels production capacity per annum, which will help meet rising demand from the growing Airbus A320 and A321 fleet.

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