AFRAF - Triumph Group and Air France Industries KLM Engineering & Maintenance forms JV xCelle Americas
Triumph Group (NYSE:TGI) and Air France Industries KLM Engineering & Maintenance (OTCPK:AFRAF) to form joint venture under the name xCelle Americas, to overhaul nacelles for new generation aircraft at Triumph's Hot Springs, Arkansas repair facility. xCelle Americas will undertake maintenance, repair and overhaul services for "new gen" nacelles on Boeing 787, Boeing 737MAX, Airbus A320neo, and Airbus A350 aircraft for operators in North and South America. "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
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Triumph Group and Air France Industries KLM Engineering & Maintenance forms JV xCelle Americas