General Electric (GE) has purchased a 51-percent share of Airfoil Technologies International Singapore, a joint venture between GE and Teleflex, for $300 million in cash. GE previously held a 49-percent share in the company. ATI Singapore, which started operations in 1998, is a repair facility for compressor airfoils. Built initially to service the CF6 and CFM56, the facility has expanded to service all GE commercial aviation, marine and industrial engines as well as Pratt & Whitney and Honeywell components. Located in Loyang Industrial Park, Singapore, the facility has about 535 employees, and repairs more than two million compressor airfoils annually.
DRF Luftrettung receives EASA Part 147 status
- June 30, 2009, 11:43 AM