Anuvu | Turkish Technic | France Ends Travel Restrictions | Avolon | Other News
ANUVU
Anuvu, the leading provider of high-speed satellite connectivity and entertainment solutions for demanding worldwide mobility markets, today announced it has acquired Signal Mountain Networks, a leading provider of satellite communications to the U.S. Government.
With the acquisition, Anuvu is expanding its existing government business and unlocking new revenue streams by leveraging Signal Mountain’s prime contractor status and 20-year history of delivering mission-critical solutions. Signal Mountain’s position on key contracting vehicles for government agencies, plus its strong history of exemplary customer service, broaden Anuvu’s potential avenues for growth.
Signal Mountain designs, implements, and supports sophisticated satellite communication systems, MPLS, and wireless network solutions. The company serves a variety of customers, including the National Oceanic and Atmospheric Administration (NOAA), NASA, the U.S. Army, and the Federal Emergency Management Agency (FEMA).
“We are thrilled to welcome the Signal Mountain team to Anuvu. They are a trusted partner to U.S. Government agencies, and we look forward to continuing that very successful relationship,” said Josh Marks, Anuvu CEO. “Given the long-term commercial partnership between Signal Mountain and Anuvu, this acquisition is the next natural step in our continued growth.”
Anuvu initially plans to organize Signal Mountain under Anuvu Operations, a wholly owned subsidiary.
“We are extremely pleased to become part of Anuvu and look forward to capitalizing on our combined resources to meet the communication needs of the U.S. Government,” said Jonathan Huffman, who founded the company in 2001 and served as CEO. Huffman will assume a leadership role within Anuvu.
TURKISH TECHNIC
Turkish Technic, a leading provider of maintenance, repair, and overhaul (MRO) services for commercial and government operators, has signed a ten-year global repair license agreement with Honeywell for Air Data Inertial Reference Unit (ADIRU) of Boeing 737MAX, 737 Next Generation (NG) and 787. Under the terms of the agreement, Honeywell will supply subparts to Turkish Technic, and Turkish Technic will operate as the Authorized Global Service Center for Honeywell’s ADIRU components, providing repair services for its local and international customers.
Expanding the Channel Partnership between both parties, the new agreement supplements Turkish Technic’s existing Honeywell license agreements that cover GTCP131-9A/B APUs (Auxiliary Power Units), CFM56-7B HMUs (Hydro Mechanical Units), Boeing 737MAX, 737 NG APU Starter-Generators and hundred more Honeywell Mechanical and Avionic LRUs (Line Replaceable Units). As the Authorized Service Center for ADIRU components of Boeing 737MAX, 737 Next Generation and 787, Turkish Technic will provide extensive repair and component pool services for its customers.
On the signing of the agreement, CEO of Turkish Technic, Mikail Akbulut stated: ‘‘While cementing our long-standing partnership with Honeywell, this new agreement will allow us to support Boeing 737MAX/NG and 787 operators for their ADIRU needs with our expert and proven component repair and overhaul facilities on two continents. As we continue to further increase our service portfolio offered to operators worldwide and increase our capabilities to boost our market share, we are glad to expand our cooperation further with Honeywell as a strategic partner.”
Commenting on the new agreement, Uygar Doyuran of Honeywell, President Turkiye, Israel and Central Asia “Turkish Technic is a global aviation MRO hub, serving the most important airlines in the world with next-generation technology. As Honeywell, we are very happy to work with Turkish Technic as a strategic partner in the region. We believe that our cooperation will become stronger with this new agreement.”
Operating as a one-stop MRO company with high-quality service, competitive turnaround times, comprehensive in-house capabilities at its state-of-the-art hangars, Turkish Technic provides maintenance, repair, overhaul, engineering, modification, tailor-made PBH and reconfiguration services to many domestic and international customers at five locations.
Honeywell Aerospace creates a range of hardware and software solutions that are found on virtually every commercial, defense and space aircraft, including aircraft engines, cockpit and cabin electronics, wireless connectivity systems, mechanical components and more.
FRANCE ENDS COVID TRAVEL RESTRICTIONS
France has become the latest country to lift its pandemic-era travel restrictions, including proof of vaccination or negative Covid test.
AVOLON
Avolon, the international aircraft leasing company, announces that it has agreed a transaction with Malaysia Aviation Group (MAG), owner of Malaysia Airlines, for the financing of 20 A330-900neo aircraft. The transaction comprises the placement of 10 A330neo aircraft from Avolon’s orderbook and 10 A330neo aircraft to be acquired from MAG via sale and leaseback.
The aircraft will deliver from 2024 onwards and be powered by Rolls-Royce engines. Avolon has a longstanding relationship with MAG and currently has 4 aircraft on lease to MAG. Avolon was a launch customer of the A330neo in 2014 and has a total of 48 A330neo aircraft in its portfolio, with 26 owned and managed, and 22 on order. Following this transaction, Avolon has only two unplaced A330neo in its orderbook.
Malaysia Airlines is Malaysia’s national airline and wholly owned by the Malaysian Government. Malaysia Airlines currently operates a fleet of 97 narrowbody and widebody aircraft.
The transaction was announced today in Putrajaya, Malaysia and led by Malaysian Minister for Transport, YB Datuk Seri Ir. Dr. Wee Ka Siong.
Andy Cronin, Avolon CEO Designate, commented: “Today’s announcement builds on our longstanding relationships with industry leaders such as MAG, Airbus and Rolls-Royce, and we are delighted to partner with them to deliver a unique portfolio solution that will support MAG’s operations and business growth. As the Asian aviation market continues to emerge from the pandemic, this A330neo transaction will help MAG renew its fleet and position them to capitalize on market recovery. The enhanced fuel-efficiency and performance, as well as the unit cost improvements of the A330neo compared to older generation aircraft, will allow MAG to meet the growing demand for air travel in the region – further strengthening their position as one of the leading carriers of choice in the Asia Pacific market.
As previously disclosed, we are experiencing a rapid recovery in demand for our orderbook slots for both our single and twin-aisle new technology aircraft, and we are delighted to partner with MAG on this milestone transaction.”
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