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Bombardier announced on Monday that it has acquired MRO service provider, Velocity Maintenance Solutions.
The acquisition was done through Bombardier subsidiary Learjet and includes the Velocity team, hangar and mobile response trucks. Velocity has a 35,000 sq. ft. hangar base at the New Castle Airport (ILG) in Delaware and 14 mobile repair trucks across the U.S.
"Velocity Maintenance Solutions' capabilities and customer-focused culture make it an excellent fit for Bombardier. We are thrilled to welcome their talented team and support them as they continue to provide exceptional service to their clients," said Paul Sislian, executive VP of aircraft sales and Bombardier aftermarket services. "This acquisition is part of our commitment to continually elevate our service standards: a mindset that has brought us number one rankings in industry surveys for two consecutive years."
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Bombardier states that the purchase expands its MRO and aircraft on the ground (AOG) service network in the U.S. The company claims the purchase enhances its ability to offer service options close to its operators. Details on the purchase have not been made public and are to remain confidential to both parties.