FORT LAUDERDALE, Fla., 17 Dec. 2013. Officials at Chorus Aviation Inc. and GA Telesis LLC have signed a letter of intent to form a joint venture that will provide supply chain solutions, including component and spare parts support, to Bombardier Q400, DHC Dash 8, and CRJ aircraft operators and maintenance, repair, and overhaul (MRO) providers.
The companies intend to form a “world-class inventory support provider focused on regional aircraft operators,” officials say. The business will initially focus on the Q400, and then expand to include other regional aircraft types.
"As we continue to evolve with the industry, we believe this venture will provide Chorus a solid platform for future expansion and diversification," says Joseph Randell, president and chief executive officer, Chorus.
"Our decision to align ourselves with Chorus was clear given their extensive experience operating Dash 8 and Q400 aircraft," explains Abdol Moabery, president and chief executive officer, GA Telesis. "This transaction further demonstrates GA Telesis's commitment to Intelligently Defining Aviation."
The agreement is subject to a number of conditions, including entering into a definitive agreement, which is targeted to occur in the first quarter of 2014.