Vector Aerospace Corporation (Vector – http://www.vectoraerospace.com/ / TSX: RNO), a global independent provider of aviation maintenance, repair and overhaul (MRO) services has concluded through a wholly owned subsidiary the acquisition of a repair and overhaul facility for PT6A model engines located in Johannesburg, South Africa.
Brian Thompson, president of Vector Aerospace Engine Services-Atlantic explains this strategic acquisition fits well with Vector’s long-term plan for strategic growth and expansion within key international markets throughout Africa and Asia. “Vector Aerospace views this as an exciting opportunity that offers considerable business potential. Establishing a Distributor and Designated Overhaul Facility for Pratt & Whitney Canada engines in Johannesburg enables Vector to more effectively leverage developing trade relationships and support our current and potential customer base in Africa and throughout the Southern hemisphere with a full range of engine MRO services, while also permitting us to participate in the rapidly growing South African economy.”
Vector Aerospace has supported Pratt & Whitney Canada engine owners and operators around the world for close to twenty years through its main MRO location in Summerside, Prince Edward Island Canada. The company’s international facility expansion started with its three Service Centers in the United States; and the 2008 additions of Service Centers in Johannesburg, South Africa, and Nairobi, Kenya. Earlier in 2009, Vector opened a new engine overhaul facility in the United Kingdom after being appointed as a Designated Overhaul Facility by P&WC for the PW307A and the PW308A/C model engines.
Vector Aerospace President and CEO, Declan O’Shea comments: “Vector Aerospace’s mandate of delivering the best customer service available in the MRO sector is a philosophy we will reinforce when conducting business in South Africa. We will meaningfully engage the local business community and consistently deliver a best-in-class service that earns the trust of the P&WC’s engine owners and operators, and the broader aerospace community.”
About Vector Aerospace Corporation (“Vector”)
Vector is a global independent provider of aviation maintenance, repair and overhaul services.
Through facilities in Canada, the United States, the United Kingdom and Africa it provides services to commercial and military customers for various types of gas turbine engines, components and helicopter airframes.
Principal operations include Vector Aerospace Engine Services-Atlantic, Vector Aerospace Engine Services-UK, Vector Aerospace Helicopter Services-North America, Vector Aerospace Helicopter Services-UK and Pathix ASP.
Vector also provides information technology solutions to an international customer base. Vector employs approximately 2,500 employees.
A complete overview of Vector’s capabilities can be viewed at http://www.vectoraerospace.com/
