Posted on: 04 May 2010
Pemco World Air Services has announced the purchase of substantially all of the tooling, equipment, and inventory of ExelTech Aerospace which, prior to entering administration, was one of the largest North American providers of MRO services to the regional airline industry.
ExelTech operated hangars in Montreal and Quebec City where it offered comprehensive repair services to operators of Embraer E-Jets and the ERJ 145 family, Bombardier CRJ, Q-Series, Dash 8, ATR, and Saab regional aircraft. ExelTech commenced reorganization procedures in early February and discontinued normal operations shortly thereafter, largely due to US-Canadian currency fluctuation on its predominantly US customer business.
Pemco intends to utilise the assets and knowhow of ExelTech to expand its US regional aircraft MRO services beyond its current CRJ700 activities. “This is an excellent opportunity for Pemco to broaden our service array and assist a group of carriers whom we have not been equipped to serve in the past,” explained Pemco CEO Wake Smith.
Pemco is considering restarting regional operations in Canada, but is also finalising US site selection. “We expect to be serving regional aircraft operators in our new US facility by early fall [autumn],” noted Pemco chief operating officer Pat Stewart.
By that time, Pemco will also have expanded into its second large hangar at Tampa International Airport. The two Tampa hangars and backshops will exceed 320,000 sq ft and accommodate 10-12 narrowbody or up to 6 widebody lines.
Pemco specialises in all levels of airframe heavy maintenance checks, as well as interior, avionics, structural and cargo modifications. The company has maintenance bases in Dothan, Alabama and Tampa, Florida as well as partner operations in Southeast Asia. Pemco is also the a leading narrowbody aircraft cargo conversion provider with over 300 cargo conversions.