The most recent Securities and Exchange Commission quarterly 10-Q report filed by publicly traded Macquarie Group revealed that the company is paying $85 million to buy two FBOs, the Supermarine facilities at Santa Monica Airport in California and at Stewart International Airport in Newburgh, N.Y. The company is also setting aside an additional $4.5 million to cover transaction and integration costs and reserve funding.
Aviation International News » June 2007
Recognizing the complexity customers face when they have to work with multiple people during maintenance, Bombardier has created customer support teams that will provide a single point of contact for customers 24 hours a day. The company has opened customer response centers in Montreal, for Challenger and Global operators, and in Wichita for Learjet operators.
Neosho, Mo.-based CD Aviation Services (CDAS) has opened an office in Sweden. It will be staffed by Marko Huhtaniska, who will be responsible for sales and service support throughout the EU.
Coca-Cola Enterprises’ Atlanta-based corporate flight department ordered four blended winglet shipsets from Aviation Partners to equip its Raytheon Hawker 800s–two 800SPs and two 800XP2s. The first blended winglet installation was accomplished recently at Duncan Aviation, and the remaining three shipsets will soon be installed in house.
“Among today’s aviation service providers, software is playing an ever-increasing role in day-to-day operations, so it is becoming more critical for A&P technicians to be computer and software proficient,” said Continuum founder and president Jack Demeis.
Avmats, located in Chesterfield, Mo., on Spirit of St. Louis Airport, has expanded its maintenance offerings to include Beechjets. With more than 25 years of experience in heavy maintenance, sheet metal, avionics, engines, APUs, interiors and modifications, the company has a longstanding reputation for working on older aircraft.
The General Aviation Manufacturers Association (GAMA) and the International Council of Air Shows Foundation (ICASF) have established the ICAS Foundation GAMA Scholarship. The annual scholarship will award $2,000 in funds to a college student seeking an aviation-related degree such as aircraft maintenance, aeronautical engineering, aviation business or professional pilot.
Atlanta-based Precision Aviation Group (PAG) has agreed in principal to acquire Pegasus Aircraft Components of Richmond, British Columbia. The purchase will allow PAG to upgrade services to its customers operating Bell, Sikorsky, Eurocopter and MD/Hughes helicopters in the expanding Canadian market.
Singapore Technologies Aerospace Engineering has opened a $10 million, single-bay facility on Singapore Seletar Airport. It is dedicated to heavy maintenance and modifications for general aviation, helicopters and narrowbody aircraft up to the size of the Boeing 757. In addition, the company has broken ground on a second hangar. The two-bay facility will cost $17.3 million and is set to open next year.
Gulfstream Aerospace has developed software enhancement called “Circuit Flash” for electronic manuals that makes it easier for aircraft technicians to interpret detailed wiring diagrams.