Wencor Group has acquired Star Aero, an independent provider of Parts Manufacture Approval (PMA) used in the repair and maintenance of thrust-reverser systems on commercial aircraft.
FL Technics Jets has become the first authorized service center for Tronair Ground Support Equipment in Eastern Europe, Russia and the CIS and will also distribute Tronair‘s GSE products in the region.
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.
Alaska Airlines will install split winglets on its Boeing 737NGs, expecting to save $20 million and cut carbon dioxide emissions by 57,000 tons annually.
TAV Airports CEO and president, Dr. Sani Sener has been unanimously selected by the board of ACI Europe to represent the European region at the Governing Board of ACI World starting January 1, 2014.
