BERWYN, Pa., Oct. 20, 2021 /PRNewswire/ -- Triumph Group
[NYSE:TGI] and Air France Industries KLM Engineering &
Maintenance (AFI KLM E&M) announced today they have
finalized the formation of their joint venture (JV) under the name
xCelle Americas, to overhaul nacelles for new generation aircraft
at Triumph's Hot Springs, Arkansas
repair facility.
xCelle Americas will perform maintenance, repair and overhaul
(MRO) services for "new gen" nacelles on Boeing 787, Boeing 737MAX,
Airbus A320neo, and Airbus A350 aircraft for operators in North and
South America. Acting through its affiliation with AFI KLM
E&M, xCelle Americas will perform Boeing 787 nacelle repairs
under Air France's license from Rohr, Inc. (Collins Aerospace),
thus expanding Air France's licensed repair capabilities for those
nacelles to the Americas.
The formation of xCelle Americas advances important strategic
objectives for both Triumph and AFI KLM E&M, expanding the
reach of AFI KLM E&M's nacelle MRO capabilities and Boeing 787
license into the Americas and enabling Triumph to be positioned on
new gen nacelles business, thus supporting key North and South
American customers on the core of their future fleets. With
this JV, Triumph and AFI KLM E&M achieve a first step in their
strategic partnership and their ambition to provide local support
to airlines.
"The announcement of this joint venture is a huge achievement
and a sign of confidence in the future. It's an honor to be
selected to lead xCelle Americas as its CEO. Together with
William Buxton, xCelle Americas COO,
we will give our best to make this new JV a success. We are very
excited to set up this new product in the Americas and to offer
reliable and local solutions on the new gen-nacelles for the
operators," said Philippe Martin De Beaucé, CEO of xCelle
Americas.
"I am very proud of the hard work the teams have done to make
this joint venture a reality and we look forward to making it a
success," said William Buxton, COO
of xCelle Americas. "Triumph and Air France have a great
working relationship, and Philippe and I are excited for the
opportunity to combine the strengths of our respective companies in
order to bring new and unique offerings to our customers."
"This new joint venture with our partner Triumph expands the AFI
KLM E&M's extensive network. With xCelle Americas, we continue
to meet our main ambition of providing local services to our
customers and of continuing to be the benchmark for service level
on the MRO market," said Benjamin
Moreau, AFI KLM E&M SVP Components Product
"Triumph is excited to partner with Air France Industries KLM
Engineering & Maintenance to form this joint venture, xCelle
Americas. We look forward to the opportunities this venture
creates by expanding our network and capabilities for existing as
well as new customers," said Bill
Kircher, Executive Vice President, Triumph Systems and
Support
About xCelle Americas
xCelle Americas is a joint
venture established by Air France Industries KLM Engineering &
Maintenance and Triumph Group, dedicated to servicing new
generation aircraft nacelles. xCelle Americas is a unique
maintenance, repair and overhaul (MRO) solutions provider, taking
the expertise of an airline combined with the experience of a
third-party MRO.
About Air France Industries KLM Engineering &
Maintenance
Air France Industries KLM Engineering & Maintenance is a major
multi-product MRO (Maintenance, Repair, Overhaul) provider. With a
workforce of over 14,000, AFI KLM E&M offers comprehensive
technical support for airlines, ranging from engineering and line
maintenance to engine overhaul, aero structure and fan thrust
reverser support, as well as the management, repair and supply of
aircraft components, structured around a powerful logistics
network. AFI KLM E&M supports almost 2,800 aircraft operated by
200 major international and domestic airlines. www.afiklmem.com –
Follow us on Twitter @afiklmem
About Triumph
Triumph Group, Inc., headquartered in Berwyn, Pennsylvania, designs, engineers,
manufactures, repairs and overhauls a broad portfolio of aerospace
and defense systems, components and structures. The company serves
the global aviation industry, including original equipment
manufacturers and the full spectrum of military and commercial
aircraft operators. More information about Triumph can be found on
the company's website at www.triumphgroup.com.
CONTACT: Contact for Triumph Group: April Harper, Director
– Marketing & Communications,
aharper@triumphgroup.com; Thomas A. Quigley, III; VP, Investor
Relations and Controller, tquigley@triumphgroup.com; Contact for
AFI KLM E&M: Derk Nieuwenhuijze, Head of Marketing &
Communications, Derk.Nieuwenhuijze@klm.com; Marie-Agnès de
Peslouan, Investor Relations, madepeslouan@airfranceklm.com
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SOURCE Triumph Group