3 unchanged sentences
Primary purpose:
+Added: Reporting Segment:
Goodyear, Arizona
2 unchanged sentences
Aircraft MRO, Storage, Disassembly, and Distribution
+Added: TechOps and Asset Management Solutions
Millington, Tennessee (1)
−Removed: Aircraft MRO and Disassembly
−Removed: Rio Rancho, New Mexico
+Added: Aircraft MRO, Flight Control Surfaces and Disassembly
+Added: Albuquerque, New Mexico
Landing Gear MRO
Miami, Florida
−Removed: Corporate Headquarters and Engineered Solutions Operations,
−Removed: Hydraulic, Pneumatic, PMA Operations, and Electro-Mechanical Component MROs
+Added: Corporate Headquarters and Engineered Solutions Operations, Hydraulic, Pneumatic, PMA Operations, and Electro-Mechanical Component MROs
+Added: Corporate, TechOps, and Asset Management Solutions
Hialeah Gardens, Florida (2)
USM Sales, Shared Services, and Flight Control Surfaces
+Added: Corporate, TechOps, and Asset Management Solutions
Memphis, Tennessee
−Removed: USM Sales, Distribution and Component MRO
+Added: USM Sales and Distribution
Dublin, Ireland
Flight Equipment Asset Management
+Added: Asset Management Solutions
Bridgend, United Kingdom
Regional Representative Sales Offices
+Added: Asset Management Solutions
Regional Representative Sales Offices
+Added: Asset Management Solutions
To support our growth and long-term business goals, we have expanded our operational facilities;
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This new facility will provide additional capacity to accommodate the increasing MRO demand.
−Removed: We expect to commence operations in this facility in the first quarter of 2024.
+Added: Hangar renovations have progressed as planned, and we expect to commence operations in this facility in the first quarter of 2024.
(2) Effective September 1, 2022 we entered into a lease for our Miami structures shop consisting of 88,000 square feet in Hialeah Gardens, Florida, for a term expiring in 2032.
This location will also serve as office space for USM sales and shared services personnel.
−Removed: Relocation of office personnel has been completed while the structures shop is expected to conclude during the first half of 2023.
−Removed: Prior to the relocation, USM sales and shared services personnel were located in Sunrise, Florida.
−Removed: (3) In 2022, we commenced a 10-year lease for a new 315,000 square foot facility in Memphis, Tennessee.
−Removed: We completed shifting production related to our distribution operations from the previous 160,000 square foot location in the fourth quarter of 2022.
−Removed: Effective January 2023, the prior location has been reconditioned and subleased to a third party.
−Removed: Our Goodyear, Arizona and Roswell, New Mexico facilities are on airport locations at the Phoenix Goodyear Airport and Roswell International Air Center, respectively, and are two of our FAA-authorized repair station operations centers focusing on airframe aircraft maintenance and storage.
+Added: Relocation of office personnel has been completed while the structures shop is delayed but expected to conclude during the first half of 2024.
+Added: Our Goodyear, Arizona, Roswell, New Mexico, and Millington, Tennessee facilities are on airport locations at the Phoenix Goodyear Airport, Roswell International Air Center, and Millington Regional Jetport, respectively, and are three of our FAA-authorized repair station operations centers focusing on airframe aircraft maintenance and storage.
Combined, they feature over 760,000 square feet of hangar space with a capability of dry desert long-term storage for up to 650 aircraft.
−Removed: In addition to having airframe maintenance service offerings at these facilities, we have four FAA-authorized repair station operations in our Rio Rancho, New
−Removed: Mexico, Memphis, Tennessee, and Miami, Florida facilities that provide component MRO service offerings.
+Added: In addition to having airframe maintenance service offerings at these facilities, we have four FAA-authorized repair station operations in our Rio Rancho, New Mexico, Memphis, Tennessee, and Miami, Florida facilities that provide component MRO service offerings.
Collectively, these facilities support the operations of our TechOps segment.
8 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.