The multi-service company has bought out Dubai-headquartered Aerotask.

Commercial and defense joint ventures are expected to close by the end of 2019.

Contract will now include MIAT Mongolian airlines’ fleet of Boeing 737 MAX8 aircraft.

The Arizona-headquartered parts specialist sees its asset management business as a path to trebling its staff count.

The companies will integrate their solutions for aviation maintenance, asset management, service parts optimization and field service management to improve supply chain operations.

The facility in Miskolc will repair aircraft engine parts when operations commence in 2022.

Official growth projections belie strong overall market fundamentals.

Company is seeing growth in the Middle East having identified specialist ground support equipment and aviation access platforms tailored for operators in the region.