TP Aerospace, the Denmark-headquartered wheels and brakes repair provider, plans to open a new facility close to East Midlands Airport in the UK by early 2019 to service passenger and cargo airline customers
The facility, which will offer wheels and brakes repairs and overhauls, will hold production capacity of 4,000 to 5,000 of units per annum to support the TP Aerospace network with services for a mix of domestic and overseas carriers. According to a TP Aerospace spokesperson, the investment will amount to $1M and will finance the necessary machinery and equipment for the facility.
The company is also planning staff additions, with some of the workforce already working to support initial capabilities which are scheduled to be ready by the end of the year with the setup of a warehouse and logistics services before early next year when the wheels and brakes repairs will be introduced.
At the fully operational capability stage, the East Midlands facility will be manned by 15 production staff, four support staff and a management team of three people.
The decision to setup up in the UK follows the signing of an agreement with a new cargo customer last week. On August 8, TP Aerospace announced a wheels and brakes repair agreement with Swedish cargo carrier group West Atlantic to support its fleet mainly composed of Boeing 737, 767, Bombardier CRJ and British Aerospace ATP aircraft. The aircraft, 62 in total, are operated by its two cargo airlines West Air Sweden and West Atlantic UK.
Located near the cities of Derby and Nottingham, East Midlands airport is the country’s second busiest for freight traffic after London Heathrow. According to the airport's website, in the 12 months up to March 2018, 358,477 tonnes of cargo were exported and imported through East Midlands, representing a 9.7% year-on-year increase.