Associated Air Center shuts doors by year-end
MRO services provider StandardAero has decided to close down Associated Air Center (AAC), the company’s completions division at Dallas Love Field, TX. The facility will shut its doors at the end of this year.
According to a company statement, the decision was made after a thorough analysis, which led to the conclusion that operating AAC is no longer an economically viable option for the company and its investors. “Current and future work volumes do not support the fixed costs necessary to operate the facility,” the statement further reads. The corporate airliner market has been struggling for some time, with demand large aircraft completions decreasing as well. Combined with the limited pipeline for new business opportunities at AAC, there was no further reason to keep the company operational.
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Located in Scottsdale, AZ, StandardAero will be assisting impacted employees with either replacement positions in the MRO business or with company funded redeployment and outplacement services.
Associated Air Center was launched in 1948 as Associated Radio – a three-man operation installing surplus radio equipment in former military aircraft that were being converted to corporate ones. At the end of the 1970s, the company moved into the completions business and has since then completed over 80 large aircraft completion projects, including a large variety of Airbus Corporate Jets and Boeing Business Jets.
AAC will continue to operate as usual in regard to its current contracts, warranties and ongoing projects for existing customers.