Sun, Sep 24, 2017
StandardAero of the US has announced that Associated Air Center (AAC), the company’s large transport category VIP Completions Center, will cease operations and close its Dallas Love Field facilities at the end of this year.
StandardAero said the business case for continuing to operate AAC was no longer an economically viable option for the company and its investors.
“Current and future work volumes do not support the fixed costs necessary to operate the facility. In addition, the limited pipeline for new business opportunities, excess industry capacity and slowing demands in the VVIP aircraft marketplace have all contributed to this decision,” the company said in a statement.
The decision also aligns with the company’s near-term growth strategy and actions to strengthen StandardAero’s portfolio by expanding its core engine MRO capabilities.
Over the next few months, AAC will operate in a business as usual manner to complete obligations on current contracts, service warranties and finish projects committed to existing customers
StandardAero is one of the world's largest independent providers of services including engine and airframe maintenance, repair and overhaul, engine component repair, engineering services, interior completions and paint applications.
-
Flying start to Dubai Airshow
Sun, Nov 17, 2019 -
Gulfstream to showcase its trio at Dubai Airshow
Tue, Nov 12, 2019 -
Alnaqbi elected Chairman of IBAC
Mon, Oct 28, 2019 -
Airbus launches VIP travel planning website
Thu, Oct 24, 2019 -
New spectacular Princess starts journey
Thu, Oct 24, 2019 -
Looking to the Future
Autumn 2019 -
Gulfstream unveils all-new G700
Tue, Oct 22, 2019 -
Gulfstream delivers first G600
Tue, Aug 13, 2019 -
G600 wins key certifications
Sun, Jun 30, 2019 -
Gulf Air continues to back Bahrain Airshow
Wed, Jun 19, 2019 -
Mystical Oman
Spring/Summer 2019 -
Cabin with a View
Spring/Summer 2019 -
Gulfstream Brings the Best
Spring/Summer 2019 -
ACJ319neo Sets Record
Spring/Summer 2019 -
Fuelling the Future
Spring/Summer 2019