11-Sep-2020 Source: Global AirParts
Global AirParts, the leading provider of used, serviceable materials for Sikorsky S76 helicopters, commenced its first AW139 part out project.
“The helicopter industry continues to face significant overcapacity with significant idle assets, many of which may never fly again. We have a proven track record of accurately identifying candidate aircraft for part-out and efficiently disassembling them to ensure those parts return to service fully inspected and certified by Transport Canada and FAA approved repair stations,” said Mike Pirang, founder and CEO of Global AirParts.
While Global AirPart’s focus has historically been the S76 product, the company sees opportunities to leverage its proprietory part-out system and expand into the AW139 model, given the large active fleet worldwide.
“The sum of the parts is greater than the whole in this market and we’re likely to see more of these. This particular AW139 would have required millions of dollars in maintenance to return to service, which is not economically viable in the current environment. Whether main rotor blades or cabin interior liners, a far better use of capital resources is to make these parts available to operators worldwide by helping the industry recycle its aircraft and directly lower its operating costs,” continued Pirang.
Global Air Parts continues to expand its service offerings and will look at additional aircraft types beyond the S76 and AW139 as opportunities arise.