31 Oct 2018

Gov. Matt Bevin congratulated FEAM Aero on the groundbreaking of its new 103,000-square-foot hangar in the Cincinnati/Northern Kentucky International Airport (CVG), which will create 100 high-paying jobs with an $19 million investment.

“The commonwealth’s aviation and aerospace industries are soaring, and the addition of this FEAM Aero hangar in Hebron is the latest evidence of that upward trajectory,” Gov. Bevin said. “Capitalizing on our status as a first-class North American logistics hub, this company already supports major Kentucky firms like DHL and Amazon. We are grateful for FEAM Aero’s commitment to the Bluegrass State and look forward to seeing them take their business to new heights here in the commonwealth.”

The hangar, expected to be completed by 2020, will be used for the maintenance, repair and overhaul (MRO) of various aircraft, specifically 747-800 aircraft. FEAM Aero also plans to relocate FAA certification to CVG in an effort to allow the company to operate in coordination with FAA agents representing the region. The project will be overseen by Lynxs Group, which develops, invests and manages assets for airports and financial investors, including air cargo and logistics facilities, MRO facilities and hangars and other business entities.

Candace McGraw, CEO at CVG, said the growth falls in line with planned growth at the airport.

“Among CVG’s business goals are to grow air cargo operations and develop available airport land, both of which are achieved with this project,” McGraw said. “We’re delighted that FEAM and Lynxs chose this site to support the rapid cargo growth at CVG. We look forward to their partnership and success.”

FEAM currently operates at CVG, where it employs over 100 aircraft technicians servicing DHL, WOW Air, Atlas Air and Amazon Air’s fleet Prime Air. The company anticipates that the continued growth of the e-commerce market, combined with the arrival of the Amazon Air cargo hub, will create an additional 100 or more job opportunities for aircraft technicians in addition to the 100 jobs announced with this project, bringing the company’s employment in Northern Kentucky to 300 by 2020. The anticipated growth would make the CVG location the company’s largest operation in the US.

Source:

https://www.nkytribune.com/2018/09/feam-aero-breaks-ground-on-103000-sq-ft-hanger-at-cvg-creates-100-jobs-invests-19-million/

31 Oct 2018

SR Technics, a world leading MRO service provider, and FEAM Maintenance/Engineering, a U.S. based MRO leader in aircraft line maintenance services, announced today that they have signed a memorandum of understanding (MoU) on joint initiatives aimed at adding value for the current and prospective customers of both companies.

In partnering with FEAM, SR Technics will expand its reach from multiple European locations to the U.S. market, where FEAM has numerous established aircraft maintenance stations. Conversely, FEAM will offer global solutions through its partnership with SR Technics.

“Partnering with a world-class MRO such as SR Technics will create new opportunities for FEAM and more importantly, for FEAM customers,” said Dan Allawat, Chief Operating Officer at FEAM. “We look forward to exploring areas of cooperation as a means to offer a broad spectrum of services to our collective airline clients.”

“As part of SR Technics’ growth objectives, this partnership will develop our service offering for our existing and future customers in the U.S.,” said Jakob Straub, Head of Aircraft Services and Line Maintenance at SR Technics. “Together with our strong partner, we will be able to seize on market opportunities to maximize our potential and expand our presence while ensuring reliability and fast turnaround times at attractive prices.”

 

Source:

http://www.srtechnics.com/news/press-releases/2018/10/sr-technics-and-feam-maintenanceengineering-sign-memorandum-of-understanding-to-expand-line-maintenance-network/

 

31 Oct 2018

MIAMI, Oct. 29, 2018 /PRNewswire/ — FEAM Maintenance / Engineering announces today that their newest business unit, FEAM Technical Training, has been approved by the European Aviation Safety Agency (EASA) as a Part 147 Maintenance Training Organization (EASA.147.0155).  FEAM Technical Training, a standalone business entity based in Miami, FL, will immediately begin providing aircraft type training throughout the FEAM U.S.-based network of line maintenance stations, as well as offering training courses to airline and maintenance organization customers worldwide. The EASA Approval includes all relevant Airbus and Boeing aircraft types, including the various engine configurations.

“Being able to deploy our own training resources internally to the FEAM organization, as well as offering training solutions to a worldwide network of customers, creates immense value for FEAM and the aviation community at large,” says industry training veteran and FEAM Technical Training Director/Accountable Manager, David Taylor.

“I could not be more pleased with the announcement of these approvals from the EASA organization,” adds Fred Murphy, FEAM CEO & Founder. “FEAM Technical Training represents a natural evolution in our continued growth as a global maintenance, engineering, and services provider.”

Contact:
Scott Diaz
305-871-3758
sdiaz@feaircraft.com

SOURCE FEAM

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