Mon, Apr 23, 2012
NTE Deals With MRO Facilities In Engine And Airframe Parts
Chicago-based Waveland Investments has acquired NTE Aviation. Established in 2001 in Lewisville, TX, NTE engages in the sourcing and reselling of engine and airframe parts to/from MRO facilities, OEMs, airline operators and leasing companies. The company is well recognized within the aviation industry as a specialist in the regional airline turboprop engine and airframe segment and in Boeing 737 Classic applications.
Waveland Investments completed the transaction in partnership with NTE’s existing management. Danny Kelly, CEO of NTE, stated, “We are excited about the future of NTE. Waveland will be an ideal partner as we continue to grow our business”.
Larry Watkins, President & COO of NTE, added, “NTE is well recognized in the market place for our breadth of products and value-added expertise in sourcing replacement parts. We are very excited about the many opportunities available to us as a leading supplier in the aftermarket aviation parts industry.”
“Danny and Larry, along with Executive Vice President Tom Villani, have done a tremendous job of building NTE into a leading parts supplier in the regional turboprop and 737 Classic segments and we are thrilled to partner with them to continue to expand the business,” commented Meghan Otis of Waveland Investments, LLC.
Also: Legend Cub, Piper Orders, Postal UAVs?, IMC Club 'Brown Jacket Award', X-47B Refueling The Diamond DA62 has received its EASA Type certificate. After a sunny and warm day Wed>[...]
Also: United Bars Security Expert, Airborne Advisors, NTSB Video, Avidyne, Cessna, Airport Access Tempest Plus Marketing Group has announced support for Able Flight as a Platinum L>[...]
SnF2015 Sponsor: Always-Innovative Aspen Avionics Aspen Avionics specializes in bringing the most advanced technology and capability into general aviation cockpits. Our products in>[...]
Progressive Aerodyne Does it All -- Land, Sea and Sky! Explore 'no limits' living in the newly FAA certified Searey Elite Amphibious Light Sport Airplane. This distinctive aircraft>[...]
Aerospace Web Aerospaceweb.org is a non-profit site operated by engineers and scientists in the aerospace field. The goal of this site is to provide educational information on a va>[...]