Killick Aerospace Completes $160 Million Financing | Aviation International News

Maintenance and Modifications

Killick Aerospace Completes $160 Million Financing

Killick Aerospace has completed a series of financing agreements totaling $160 million.

Pratt & Whitney PT6A

By David A. Lombardo • Contributor

October 10, 2011

Killick Aerospace has completed a series of financing agreements totaling $160 million. Proceeds will be used to retire existing debt as well as fund continued growth at Killick companies Prime Turbines, CT Aerospace and Kansas Aviation. The increased capital will also enable Killick Aerospace to make acquisitions to complement existing product and service offerings.

“The $160 million financing will allow Killick Aerospace to respond to organic growth possibilities for Prime Turbines and strategic acquisition opportunities as they arise for us and our sister companies,” said Joe Kolo, vice president and general manager of Prime Turbines. “Prime Turbines is committed to leading the repair and overhaul market. This significant increase in the balance sheet of Killick Aerospace, our parent company, will help Prime Turbines acquire more inventory including whole engines and aircraft for our sister company.

The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background.

The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background.

The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background.

The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background.

Signia Aerospace Acquiring Heads Up Technologies

Arcline-backed aerospace company is expanding its cabin systems offerings

Maintenance and Modifications

Business aircraft interior

SkyWay Earns PMA for Citation CJ-series Lav Modification

Kit gives the light jets an externally serviceable lavatory system

Maintenance and Modifications

External panel for lav service

AMAC Applies New Approaches to Tackling Corrosion

MRO group’s focus is on preventing early-onset damage to airframes

Maintenance and Modifications

AMAC Aerospace corrosion process

Greenpoint Selected To Complete Two BBJ 787-8 Interiors

U.S. modifications specialist recently received Saudi repair station approval

Maintenance and Modifications

Greenpoint Technologies modifications center

Nomad Technics Completes Major Bombardier Inspections

Extensive work involved manufacturer’s 7,800-landing and 120-month requirements

Maintenance and Modifications

Nomad Technics Bombardier Challenger 604

Components Ready for Starfighters’ F-104 Mach 2 Testbed

Italian-made parts will form underwing carriers for ’Wind Tunnel in the Sky’

Maintenance and Modifications

Starfighters Space CEO Tim Franta (right) stands with an inert Wind Tunnel in the Sky carrier on October 16 in a receiving area next to Bionetics’ payload processing lab in Florida.

Bombardier Scales Up U.S. Ops as Trump Reverses Ban

Bombardier investing $270 million in U.S.

Maintenance and Modifications

Bombardier service center in Hartford, Connecticut

Bombardier Smart Services Support Program Turns 40

Anniversary was marked at the NBAA-BACE show with customer event

Maintenance and Modifications

Bombardier Tucson service center