Wed, Jul 02, 2003
Deal Affects 49 STCs, for Beech, Piper, Cessna, Aero Commander,
Others
Wind Dancer Aviation Services, Inc.
has acquired 49 airframe and engine STCs for Rajay turbo
normalizing kits for various types of general aviation aircraft,
including, but not limited to, Beechcraft, Piper, Cessna and Aero
Commander.
The acquisition also includes general aviation aircraft parts
and inventory for a total purchase price of $60,000. The seller is
Kelly Aerospace Power Systems, Inc. of Montgomery, Alabama. In
addition, Wind Dancer has become a Full Line Distributor for Kelly
Aerospace, with regard to its various general aviation parts and
supplies and, as such, is part of an elite group which buys
products for distribution at a favorable discount compared to other
FBOs. Kelly, which has been in business over 20 years, is a leading
manufacturer of components for piston and turbine aircraft and a
major force in the general aviation community.
The acquisition allows Wind
Dancer to work on development and marketing of turbo normalizing
kits and installation of the STC-covered parts on general aviation
aircraft, a market of over 10,000 aircraft in the U.S. alone.
Historically, competitive kits have sold in the $25,000 to $42,000
range. This step out allows Wind Dancer to support its existing
customer base with a full range of general aviation parts and will
generate increased business through STC production and
installations as customer demand builds.
Wind Dancer, which commenced operation as the FBO at Stevens
Field in Pagosa Springs (CO) in December, 2002, is poised for
significant growth due to the acquisition. Initially, the FBO will
supply parts to existing Rajay equipped aircraft customers. Wind
Dancer is now able to supply to customers Rajay parts to be
installed either at their local FBOs or at Wind Dancer. The next
step will be to put the redesigned kits based on revisions to the
STCs back into production with improvements, with the first design
revision to be for the Twin Commander 500B, U and S models.
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