Fri, Dec 27, 2013
Sign Letter Of Intent For Joint Support Of Bombardier Airplanes
Chorus Aviation Inc. (Chorus) and GA Telesis, LLC (GA Telesis) have signed a Letter of Intent (LOI) to form a joint venture to provide supply chain solutions, including component and spare parts support, to Bombardier Q400, DHC Dash 8, and CRJ aircraft operators and maintenance, repair and overhaul (MRO) providers. The joint venture will leverage the considerable expertise of the two companies to form a world-class inventory support provider focused on regional aircraft operators. The business will initially focus on the Q400, and the parties expect to expand the joint venture's services and offerings to include other regional aircraft types.
"Our roots in aviation date back to the 1930s and today we are the world's largest Dash 8 operator," said Joseph Randell, President and Chief Executive Officer, Chorus. "This collaboration leverages our unmatched experience in regional services and GA Telesis's leadership in inventory asset management to form a world-class service provider. As we continue to evolve with the industry, we believe this venture will provide Chorus a solid platform for future expansion and diversification."
"The addition of a dedicated regional aircraft support company will further enhance our world-class portfolio of service offerings to the aviation industry," said Abdol Moabery, President and Chief Executive Officer, GA Telesis. "Our decision to align ourselves with Chorus was clear given their extensive experience operating Dash 8 and Q400 aircraft," he added. Mr. Moabery concluded that "this transaction further demonstrates GA Telesis's commitment to Intelligently Defining Aviation."
The LOI is subject to a number of conditions, including entering into a definitive agreement which is targeted to occur in the first quarter of 2014.
(Image from file)
More News
Aero Linx: Model Aeronautical Association of Australia MAAA clubs are about fun flying, camaraderie and community. For over 75 years, the MAAA has been Australia’s largest fl>[...]
Touchdown Zone Lighting Two rows of transverse light bars located symmetrically about the runway centerline normally at 100 foot intervals. The basic system extends 3,000 feet alon>[...]
“Discovery and innovation are central to our mission at Virgin Galactic. We’re excited to build on our successful record of facilitating scientific experiments in subor>[...]
How To Get A Story On Aero-TV News/Feature Programming How do I submit a story idea or lead to Aero-TV? If you would like to submit a story idea or lead, please contact Jim Campbel>[...]
Student Pilot Reported That During Rotation, “All Of A Sudden The Back Of The Plane Kicked To The Right..." Analysis: The student pilot reported that during rotation, “>[...]