Competitive flying in turbulent markets prompts airlines to shift costs from fixed to variable. One way to do that is to outsource not just the repair of, but the ownership and management of expensive assets, from rotable components to engines and even aircraft, sometimes.

TIMCO Aviation Services will be acquired by Hong Kong Aircraft Engineering Co. (HAECO) for approximately $388.8 million, subject to closing adjustments.

Aerospace Products International (API), owned by Resilience Capital Partners, has acquired the assets of Avionics International Supply (AIS), further expanding distribution into avionics and electronics.