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Article: First Aviation Services Inc makes two acquisitions; Limco-Piedmont Inc acquires 37% of company.
- Article from:
- Airline Industry Information
- Article date:
- November 9, 2009
CopyrightCOPYRIGHT 2009 Normans Media Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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AIRLINE INDUSTRY INFORMATION-(C)1997-2009 M2 COMMUNICATIONS
First Aviation Services Inc (FAvS) (PINKSHEETS:FAVS), a provider of services to aircraft operators, is to acquire Kelly Aerospace Turbine Rotables Inc and the propeller overhaul repair business of Limco-Piedmont Inc, the company announced on Monday.
Kelly Aerospace Turbine Rotables will be purchased from Kelly Aerospace Inc through a new subsidiary of FAvS named Aerospace Turbine Rotables Inc (AeTR). The company operates an FAA/EASA approved repair station located in Wichita, Kansas which provides overhaul, exchange and repair services for airframe components on general aviation ...
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... ... assembly modules will substantially increase the size of our addressable markets." A privately owned manufacturer of aerospace turbine engine components headquartered in Manchester, Connecticut, DGT is an industry leader in complex metal fabrication and ...
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