Airwork (NZ) Ltd acquires several Soloy STC’s…October 9th, 2019 Comments Off on Airwork (NZ) Ltd acquires several Soloy STC’s…
Airwork today announced it has signed a contract with Soloy, LLC trading as Soloy Aviation Solutions to acquire several of its helicopter engine modification Supplemental Type Certificates (STC).
These STC’s allow Airwork as the exclusive owner to convert the turbine engine in an AS350- BA and B2 aircraft from a Safran Arriel engine to the Honeywell LTS101 or Rolls Royce 250- C30 engine.
Airwork will leverage its long-standing engine overhaul capabilities and its manufacturing expertise to continue to produce Soloy conversion kits for operators who are seeking the benefits of a Honeywell LTS101 engine upgrade for their AS350 fleet. Airwork is also an Authorised Airbus Service Centre and able to assist operators with the installation of their engine conversion kits.
Shane McMahon, Airwork General Manager welcomed the announcement, stating that the acquisition represents an acknowledgement of the industry leading MRO capabilities that Airwork offers.
“The Soloy STC is known around the world and we are thrilled they have given Airwork exclusive ownership of the Soloy AS350 Super D, Super D1 and Super D2 STCs. These are a valued addition to the range of design modifications already held by Airwork under FAA, Transport Canada and EASA”, Mr McMahon said.
Elling Halvorson a Director of Soloy said, “he is pleased to be able to pass stewardship of these Soloy STC’s to a company with the breadth of capability to be able to support our existing customers and continue to service the huge demand for this modification.”
Existing operators of the Soloy AS350 engine STC will continue to be supported by the Airwork Customer Care Team, with spare parts provisioning and technical advice for their Honeywell LTS101 and Rolls Royce 250-C30 engine modification.
“The Soloy STCs acquired by Airwork ensures that our industry continues to receive service for the relevant Soloy installation, as well as the assurance of continued support for the LTS101engine product line from our Honeywell Approved Service Centre”, said Mr Halverson.
This is a significant strategic acquisition for Airwork and represents a great opportunity for operators to receive bolstered support for their Airbus AS350 helicopters.
Airwork’s helicopter business provides industry-leading MRO (Maintenance, Repair and Overhaul), design and support services to aviation operators globally, including the maintenance, repair and overhaul of turbine engines and dynamic components, design of newmodifications and avionic inspection, repair, testing and installation. Airwork has a unique and comprehensive range of capabilities due to its experienced personnel, world class technology and having obtained a range of certifications from Aviation Authorities (including certifications from New Zealand, USA, Europe, Transport Canada, Papua New Guinea, South Africa, Nepal and Indonesia).
With Airwork’s maintenance, testing and design capabilities, all of which is located at its facilities in Auckland, New Zealand, Airwork can provide safe and cost-effective solutions to helicopter operators around the world. Airwork also provides helicopter leasing, crewing charter services for emergency medical services, police operations, search and rescue, tourism and oil, gas and mineral exploration operators globally.
About Soloy Aviation Solutions
Since its 1969 inception, Soloy Aviation Solutions has been the manufacturer of premium quality aviation Supplemental Type Certificated products. Over the past 50 years, Soloy has developed a full line of aircraft products from less complicated helicopter and fixed wing accessories to complex conversions of single engine to twin engine configurations. To date, Soloy has developed more than 60 Supplemental Type Certificates (STC’s) for the modificationof over 700 aircraft operating in over 35 countries around the world.
Soloy Aviation Solutions provides its customers with efficient, reliable and cost effective aircraft products. Each product reflects a commitment to precise design, precision manufacturing and exceptional performance. Comprehensive testing, exacting quality standards, innovative design and our dedicated professional staff assure that every customer receives the best products and service available anywhere.
Soloy Aviation Solutions will continue to provide support and services under new ownership for the remaining STC conversion products while developing new products that enhance safety and increase utilization by improving performance and reducing operational costs.”