ST Aerospace expects the recent incorporation of its San Antonio
VIP completions business will improve efficiency.
In early October the company announced that the San
Antonio unit would be incorporated as a subsidiary, Aeria Luxury Interiors, by
ST Aero's VT San Antonio Aerospace unit.
Under the new arrangement, Aeria will operate under
its own Part 145 repair station certificate. In an email to FlightGlobal, ST
Aero explained the reasoning for the change.
"The VIP completion division used to operate
under the same repair station certificate as parent company, VT SAA, which also
has businesses in MRO. Operating the two businesses under one repair station
certificate was difficult and inefficient due to the different processes and
procedures involved."
Aeria's certificate covers single and twin-aisle
Boeing types, with Airbus types to be added next year.
ST Aero adds that 70% of the unit's work involves
new jet instatllations, and 30% is maintenance, refurbishments, and upgrades.
The company also sounded a bearish note about the
VIP completions space: "The demand for VIP completion has softened, while
there are too many completion centres chasing a few projects."
(Evangle Luo of TTFLY shared with you)
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