Air Works targets lessor market with Acumen deal

Indian independent MRO Air Works has acquired a minority stake in aircraft management firm Acumen Aviation Europe.

Indian independent MRO Air Works has acquired a minority stake in aircraft management firm Acumen Aviation Europe.

Under the deal the firms are entering into partnership, enabling Air Works to expand its asset management service offering using Acumen’s software ADEPT.

Acumen, which has bases in China, India, Ireland and the US, boasts a client list including: Air Lease Corporation, Avolon and AWAS.

Bengaluru-based Air Works, meanwhile, has experience in undertaking end-of-lease checks and redelivery for lessors.

The partnership will see the firms cross-sell each other’s services, confirmed a statement announcing the deal.

TAGS: Asia
Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish