Announcement: Merger with Premier Landing Gear MRO Company, Aircraft Landing Systems
KP Aviation is excited to announce the closing of the merger with Aircraft Landing Systems (ALS), a premier landing gear MRO company based in Hialeah, FL. The deal closed in Q1, on March 31st. Both entities will continue to operate under their own brands, with consolidation under the management of KP Aviation in Reno, NV.
The merger is part of KP Aviation strategic plan to continue in the vertical integration of its capabilities, bringing savings and additional profits on Chapter 32 material – landing gear, wheels, brakes and components – and solidifying its position as a one-stop-shop for the companies in the Air Transport industry. The merger creates an internal center of excellence dedicated to Chapter 32 material and led by the ALS team, allowing the company to redeploy the KP Aviation team to other opportunities and projects.
“This center of excellence is a further commitment to be the customers offsite technical advisor” said Kim Schulze, KP Aviation CEO. “The landing gear market is expected to exceed $14 billion in size by 2026, and we are excited to be able to bring the KP Aviation difference to this market”.
The combined team will have access to a larger portfolio of clients, generating synergies for both parts of the company. The new base in the Miami metro area will expand the company’s geographic footprint to a key market like Florida and will be developed into a new forward stocking location dedicated to the expansion in the Latin and South American MRO market.
“The landing gear MRO market is shifting more and more from the typical heavy maintenance to on- condition, on-demand maintenance and we believe that our expanded expertise and capabilities brought by joining the KP Aviation family will strengthen our position in the market as well as open many additional opportunities”, said Felipe Garcia, ALS Managing Partner.