GippsAERO signs with Soloy for North American assembly

 

GippsAERO, the Australian manufacturing arm of Mahindra Aerospace, today announced that a partnership agreement has been signed with Soloy Aviation Solutions, at Oshkosh. The agreement will see Soloy provide assembly, and technical support for GippsAERO for all North American orders henceforth.

CEO, Dr, Terry Miles comments “We are strategically implementing Airvan maintenance centres to penetrate the market and ensure the Airvan is a viable aircraft for operators in the United States. Soloy is a welcome addition to the growing North American strategy as they have unparalleled capabilities to assemble, service and support GA8 Airvans in the region.”

“We are delighted to partner with Soloy Aviation Solutions which has been a well respected player in the aviation sector for the past 40 years. Their expertise will certainly help us consolidate our presence in North America and grow market awareness and visibility for the Mahindra Aerospace brand,” said Mr. Arvind Mehra, Executive Director & CEO, Mahindra Aerospace.

Soloy Aviation Solutions, incorporated in 1969 and located in Olympia Washington, is a well known and respected provider of a range of aviation related services including retrofits, reassembly, and aircraft parts/accessories/kits. Soloy CEO Dave Stauffer said, “We welcome the opportunity to provide the GA8 operators convenient and professional service and timely support in North America”.

GippsAERO identified North America as a region of focus in early 2011 and has been committed to strengthening their permanent presence beyond ever since. This significant next step of assembly on USA soil is another tick for their ongoing plan following agreements they have put in place in the last 6 months to appoint Muncie Aviation and Flightline Group as dealers. Understanding that many of the high value components of the aircraft originate from America (engine, propeller, avionics etc), it makes good commercial sense to ship critical aircraft components from Australia for local assembly to reduce lead time and improve flexibility in delivering a more customised solution for the NA market.

The Airvan is widely known for its rugged, utility type characteristics and low maintenance requirements. GippsAERO understand the importance of quick professional support and is going to great lengths to confidently increase its flying fleet in the region. Market penetration of the Airvan is certainly on the rise in the USA as are the number of their customer supporting facilities and local content add from this partnership with Soloy.

About GippsAERO/Mahindra Aerospace

GippsAero, the Australian manufacturer of the GA8 AIRVAN, is the aircraft manufacturing division of Mahindra Aerospace. The company has manufactured in excess of 200 aircraft, which fly in 34 countries around the world, including USA, Australia, Europe, Africa and Asia.

Mahindra Aerospace is the aircraft and aero-structure manufacturing division of Mahindra Systech, and a new global player in the delivery of aircraft, aero-structures and aircraft development services. With its acquisition of two Australia-based aviation companies, Aerostaff Australia – producer of aerospace components for the world’s OEMs – and GippsAero – producer of the Airvan family of utility aircraft – Mahindra Aerospace has laid the foundations towards achieving its goals.

About The Mahindra Group

The Mahindra Group focuses on enabling people to rise. Mahindra operates in the key industries that drive economic growth, enjoying a leadership position in tractors, utility vehicles, information technology and vacation ownership. Mahindra has a presence in the automotive industry, agribusiness, aerospace, components, consulting services, defence, energy, financial services, industrial equipment, logistics, real estate, retail, steel and two wheelers.

A US $14.4 billion multinational group based in Mumbai, India, Mahindra employs more than 144,000 people in over 100 countries.

In 2011, Mahindra featured on the Forbes Global 2000 list, a listing of the biggest and most powerful listed companies in the world. Dun & Bradstreet also ranked Mahindra at No. 1 in the automobile sector in its list of India’s Top 500 Companies. In 2010, Mahindra featured in the Credit Suisse Great Brands of Tomorrow.

In 2011, Mahindra acquired a majority stake in Korea’s SsangYong Motor Company.

For further information, please visit http://www.mahindra.com/

For further information about GippsAero or this media item, contact:

Mr. Mark McNamara

Marketing Manager

GippsAero Pty Ltd

PO Box 881

MORWELL VIC 3840

Ph + 61 3 5172 1200

M + 61 467 491 284

Fx + 61 3 5172 1201

E: mmcnamara@gippsaero.com

http://www.gippsaero.com/

For further information regarding the Mahindra Group please contact:

Ms. Roma Balwani

Senior Vice President & Group Head, Corporate Communications

Mahindra & Mahindra Ltd.

Phone: (+91-22) 2490 1441

Fax: (+91-22) 2490 0830

Email: balwani.roma@mahindra.com

www.mahindra.com

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