LABACE Convention News

Vector Aerospace To Establish Permanent Facility In Brazil

 - August 10, 2013, 11:00 AM
Vector Aerospace is expanding its footprint in Latin America, where it expects MRO requirements to grow exponentially in the next decade.

Canadian company Vector Aerospace is in the planning stages for its first maintenance, repair and overhaul (MRO) subsidiary and service center in Latin American. Senior executives from the company, which already has MRO facilities in 21 countries on six continents, along with its local representatives are at LABACE (Stand 3005) to discuss their services with local operators. Meanwhile, in cooperation with the Canadian Trade Commission, Vector is sponsoring a breakfast here at LABACE on Friday for customers to enable them to learn more about the company’s services and to meet senior management.

According to a Declan O’Shea, president and CEO of Vector Aerospace, its newest facility is to be located near São Paulo, in Jacarei, and will open in “the upcoming months.” The 29,000-sq-ft facility is slated to provide engine and helicopter maintenance support for the Toronto-based MRO’s local customers.

“In our overall business expansion plan, the Latin America market is extremely important to us. The South American MRO market is forecast to outpace overall MRO growth over the next decade with an engine MRO compound annual rate of growth of 12.3 percent, versus 4.2 percent globally. We recognize the immense importance of this market and are taking steps to expand our presence,” O’Shea told AIN. “To that end, Vector Aerospace has appointed Jean-Edouard Drouault, an experienced senior executive, to lead our business development efforts in South America,” O’Shea added. Drouault was previously CEO of Eurocopter, Chile.

Vector has a long history of providing rotary- and fixed-wing MRO services to clients based throughout Latin America. “We continue to provide superior MRO solutions for many of the leading OEMs such as Pratt & Whitney Canada, Turbomeca, Rolls-Royce, GE, Honeywell and Eurocopter,” he said.