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Snecma Services (part of the SAFRAN Group), leader in CFM56 jet
engine MRO (maintenance, repair & overhaul), and Airfoil Technologies
International (ATI), a leading provider of aero-engine repair
services, today announced the formation of a joint venture, which will
be named Propulsion Technologies International (PTI) and will be
located in the Miami, Florida, facility previously known as Propulsion
Technology LLC.
Propulsion Technologies International will provide world-class
aero-engine component repair services with specific expertise and
capability in major rotating assemblies, booster vanes, cases and
frame repairs.
The creation of this new venture, uniting the strengths of two
leading service providers, will offer customers a number of
advantages, including expanded repair capabilities, lower repair costs
and faster TAT in PTI's specific areas of expertise. It will broaden
the global service offerings of ATI and Snecma Services.
"ATI views our partnership with Snecma Services as a strengthening
of our OEM relationships," said Jeffrey D. Wood, President of Airfoil
Technologies International. "Propulsion Technologies International
will further broaden our engine component aftermarket capabilities and
product competitiveness."
Jean-Lin Fournereaux, Chairman and CEO of Snecma Services said,
"Snecma Services constantly seeks partnerships, products and services
to help our customers reduce their cost of ownership, while
maintaining the OEM label. We are also pleased to develop our global
network of 'Centers of Excellence' in component repair through this
new partnership."
Snecma Services (SAFRAN Group) provides a full range of
aero-engine support services to operators worldwide (airlines, armed
forces, lessors, VIP transport, etc.) including: engine MRO, parts
repair, engineering support (fleet management, remote diagnostics),
LRU support, engine maintenance on site (EMOS), technical assistance,
tools, technical documentation, test cell calibration, engine leasing,
flight test support, customer support, mechanics training and more.
Snecma Services operates three sites in France (Montereau,
Saint-Quentin and Chatellerault) and has a Belgian subsidiary, Snecma
Services Brussels. The company has also created a number of joint
ventures with major airlines and manufacturers. Visit Snecma Services
online at www.snecma-services.com
Airfoil Technologies International LLC (ATI) is a joint venture
between Teleflex Incorporated (NYSE:TFX) and GE Aviation. ATI provides
repair technologies and services for commercial flight and
ground-based turbines from service facilities in the U.S., the U.K.,
and Singapore. Visit ATI online at www.airfoiltech.com
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