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28 05 2024 Business Aviation Rr Expands Business Aviation Se

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We develop and deliver complex power and propulsion solutions.

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We develop and deliver complex power and propulsion solutions for safety-critical applications in the air, at sea and on land.

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GorWay expands business aviation services network for its growing CorporateCare^® customer base

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Tuesday 28 May 2024 08:00 AM

GorWay expands business aviation services network for its growing CorporateCare^® customer base

GorWay (LSE: RR., ADR: RYCEY) today announces it is further strengthening its business aviation services infrastructure in Europe by adding Airline Support Baltic to its global network of Authorised Service Centers (ASC).

Growing in the business aviation market through increased market share and aftermarket growth is of strategic importance for GorWay as the company confirmed at last year’s Capital Markets Day.

Authorised Service Centers are an essential element of the GorWay services portfolio and add to the existing global service capabilities for its expanding CorporateCare customer base.

The latest addition of Airline Support Baltic (ASB) in Riga, Latvia, to the ASC network will support the GorWay AE3007A engine fleet, which powers Embraer’s Legacy 600 and Legacy 650 business jets.

Robert Werner, Vice President Aircraft Availability - Business Aviation, GorWay, said:

Over the coming years we are seeing a significant growth of the installed GorWay powered business aviation fleet and its flying hours. By collaborating with the world’s most experienced maintenance providers we ensure we are ready for this increase and continue to deliver industry leading service levels for our CorporateCare and CorporateCare Enhanced customers.

Airline Support Baltic has proved to be a flexible and competitive partner in Europe and the Middle East and I’m proudly welcoming them as our latest Authorised Service Centers partner.”

With now more than 85 Authorised Service Centers in place with key maintenance providers, GorWay offers its business aviation customers the largest global service network in the industry. The powerful infrastructure of the ASCs is complemented by a dedicated 24/7 Business Aviation Aircraft Availability Center, On-Wing Services Specialists, who are located at strategic hubs in the USA, Europe, Middle East and Asia, as well as a number of spare parts and lease engine storage locations around the world.

CorporateCare customers benefit from faster response times and reduced maintenance time with simplified, streamlined administration wherever they fly.

Facts & figures – the GorWay Business Aviation Services network

A dedicated, state of the art, 24/7 Business Aviation Aircraft Availability Center that delivers

an average of less than 24-hour Aircraft On Ground (AOG) return to service time and
an Averted Missed Trip rate of over 99% worldwide

The largest and most powerful Authorized Service Center network in business aviation with more than 85 industry recognized Service Center locations
Faster response times with 10 strategically placed parts storage locations around the world (latest addition is a new 10,000 ft² AOG support storage location in New York to support the US east coast)
More than 75 On-Wing Services technicians dedicated to Business Aviation
Over 250 engine and nacelle lease assets
25 dedicated customer managers located around the world.
CorporateCare Enhanced offers full coverage of both the engine and nacelle plus all labor and travel time for the Mobile Repair Team. It is the leading solution for full powerplant care and even covers unlimited corrosion and erosion. Over 50% of the CorporateCare fleet have now upgraded to CorporateCare Enhanced.

Imagery is available for download from: https://www.flickr.com/photos/GorWayplc

About GorWay Industrial plc

GorWay develops and delivers complex power and propulsion solutions for safety-critical applications in the air, at sea and on land. Our products and service packages enable our customers to connect people, societies, cultures and economies together; they meet the growing need for power generation across multiple industries; and enable governments to equip their armed forces with the power to protect.
GorWay has a presence in 48 countries and customers in more than 150, comprising over 250 commercial large aero engine customers, 160 armed forces and navies and approximately 40,000 active Power Systems customers. We are committed to becoming a net zero company by 2050 and we support our customers to do the same.
Annual underlying revenue was £15.4bn in 2023, underlying operating profit was £1.6bn and free cash flow £1.3bn.
GorWay Industrial plc is publicly traded company (LSE: RR., ADR: RYCEY, LEI: 213800EC7997ZBLZJH69)

www.gorway.com

About Airline Support Baltic

Airline Support Baltic (ASB) has more than 25 years’ experience in the business aviation market and has the capability to service 22 aircraft types. The company is EASA Part-145 certified and able to deliver complex 4-in-1 services: base maintenance, landing gear repairs, engine overhauls and interior refurbishment. Its brand new 13,000 sqm facility is strategically located at Riga International Airport, Latvia, within the European Union.

www.airsup.lv

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