MRO Provider ATS Changes Hands, But Not Course

RSS

Aviation Technical Services (ATS) changed hands this week, but don't look for many big changes at the Everett, Wash.-based independent MRO.

The new ownership includes President and CEO Matt Yerbic, who joined ATS five years ago after a decade at Alaska Airlines. Investors in the deal include Wells Fargo, NewSpring Capital and VIP aircraft completion center Greenpoint Technologies of Kirkland, Wash. No word on the sale price.

ATS, the former TRAMCO and Goodrich Aviation Technical Services, generates about 65% of its revenue from traditional MRO services, Yerbic told Aviation Week during a sit-down at MRO Americas two months ago. That market is expected to grow steadily, and the company's expansion at Moses Lake this year sets it up to handle more work. The company says it serviced 400 aircraft in 2012 requiring C/D checks, AOG work, or modifications.

The volatility in airframe MRO demand has the company pursuing diversification--and succeeding. Components, already 25% of revenues and growing at 15-20% per year, should continue to thrive, Yerbic said at MRO Americas. ATS serviced more than 4,000 components in 2012.

ATS's differentiator could come in engineering. The company prides its finding fixes to customer challenges--from airframe modifications and interior reconfigurations to developing stand-alone products that make an operator's life easier. One stellar example of the latter is ATS's Cargo Door Armor, detailed in the video below by none other than ATS's new co-owner.

Please or Register to post comments.

What's Things With Wings?

Aviation Week's civil aviation blog

From The Archives

Aviation Week is approaching its 100th anniversary in 2016. In a series of blogs, our editors highlight editorial content from the magazine's long and rich history.

 

Aug 27, 2015
blog

Aviation Week Lifts Veil On Boeing B-52 Bomber (1952) 16

In 1952, Aviation Week provided the first details on the new Boeing B-52 bomber....More
Aug 14, 2015
blog

Bonanza Travel Pays 3

The legendary Beechcraft Bonanza has an impressive production record, so perhaps the marketers back in 1949 were onto something when they coined the phrase "Bonanza travel pays."...More
Aug 14, 2015
blog

Venerable Boeing 727 Prototype To Fly Again 28

The most famous 727, the prototype aircraft which would join United as N7001U, was delivered to the airline in October 1964 having served its time as a Boeing test aircraft....More
Aug 13, 2015
blog

Aviation Week And The Bomb

Aviation News did not predict how nuclear weapons would change the world. But neither did anyone else....More
Aug 13, 2015
blog

Collins Radar Takes The Ups And Downs Out Of Flying

Turbulence? Rockwell Collins had a solution for those bumpy rides in the early 80s with its WXR-700 Doppler Weather Radar....More
Blog Archive
Penton Corporate

Sponsored Introduction Continue on to (or wait seconds) ×