It's Official: Able Changes Name to Able Aerospace Services, Inc.
Able Engineering & Component Services, Inc., and Able Aerospace, Inc., merge into a single entity named Able Aerospace Services, Inc. The change caps off a progression that began with the company’s early 2016 acquisition by Textron Aviation, Inc., a Textron Inc. (NYSE: TXT) company.
“Able has always worked from one overarching mission, which is to safely reduce aircraft operating costs by providing resourceful component repair, overhaul and approved replacement parts solutions,” says Lee Benson, CEO of Able Aerospace Services, Inc. “Our new name underscores that commitment. It allows us to move forward with the same high-level purpose but with added efficiencies that make the most of our position as a Textron company and maximize the value we pass on to customers.”
Based in Mesa, AZ, Able offers a comprehensive menu of repair, overhaul and parts solutions for more than 1,400 fixed- and rotor-wing customers in 60 countries across the globe. Prior to the merger and name change, Able operated as two complementary but separate companies. Able Engineering & Component Services directed all activity related to maintenance, repair and overhaul services. Able Aerospace managed the engineering and manufacturing of proprietary, FAA-approved replacement parts (PMA). Together, the companies developed a cadre of more than 10,000 FAA-approved repairs and overhauls, some of the world’s largest rotable exchange inventories and in-house specialized services ranging from electroplating, chemical processing, machining and grinding to NDT testing, hydraulics and bearings services.
“These are highly complementary uses that we are now able to streamline in an unprecedented way,” says John Celigoy, vice president of Business Generation for Able Aerospace Services, Inc. “The past 15 months have introduced tremendous growth opportunities for Able. We see only more of the same in our future.”
Able operates from a 200,000-square-foot headquarters located at Phoenix Mesa Gateway Airport. The company completes more than 98 percent of all jobs in-house through a collaborative staff of mechanics, engineers, DER experts and customer service specialists.