Locatory.com to invest US$10 million in engine stands leasing business

engine stands ©Locatory.com

Locatory.com, part of the Avia Solutions Group and an aviation IT company primarily acting as an aircraft parts locator, has invested in a new business. The company is spreading its services portfolio and has started the global leasing of aircraft engine stands.

It is planned that in the five upcoming years Locatory.com will invest over US$10 million. The company has partnered with AGSE for their stand manufacturing and will start its service by providing two options – stands for CFM56A/B and CFM56-7 engines. Locatory.com will offer a high-quality equipment lease for a preferred period so that clients worldwide could productively carry out maintenance operations.

In addition, the company will offer worldwide shipping services for all leasing orders. The first operations have already started in Europe and will advance soon as the first orders are being planned for Asia in 2019.

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