Able Enters 737 Market with Upgrade, Sale of Three Landing Gear Sets

November 05, 2019

First sets purchased by one of world’s largest commercial airlines; more sets in the pipeline

MESA, Arizona (Nov. 5, 2019) – Leading component repair and overhaul provider Able Aerospace Services, a Textron Aviation Inc. company, has entered into the Boeing 737NG landing gear aftermarket support arena with the modification, upgrade and sale of its first B737-800 landing gear sets. The sale, which includes three inaugural landing gear sets, was made to a large commercial airline.

“Able’s track record in the commercial airline MRO market spans two decades and a wide range of services for Boeing and Airbus, including engine mounts, tracks, carriages and actuation assemblies,” said Michael Vercio, general manager at Able Aerospace Services. “Based on the size of the Boeing 737NG fleet, we anticipate a strong demand for aftermarket services on this aircraft and are putting our knowledge and resources to work to meet that demand – expanding our facility and refining our processes to service a platform that we expect to be a significant part of our future.”

Launched in 1993, the Boeing 737NG is one of the industry’s largest passenger fleets with nearly 7,000 aircraft in operation. Able’s new landing gear capabilities will serve commercial airlines, landing gear shops requiring outsource support, and select third-party suppliers. The company has just completed a 60,000-square-foot expansion, in large part to accommodate this effort.

Able’s first landing gear sets included modifications and upgrades to support B737-800 aircraft. It is now booking sales for additional landing gear sets to support B737-700/-800/-900 aircraft.

During the next 12 to 24 months, the company is also planning the phased rollout of a comprehensive 737NG repair and overhaul service, as well as exchange options.

“Able is well-positioned to be a single source for landing gear repair and overhaul, combining our engineering, product development and repair teams to offer customers top-tier 737 support from a company they know and trust,” said Jeff Miller, regional sales manager at Able Aerospace Services and lead of the company’s fixed-wing business line. “That expertise, combined with our position as a Textron Aviation company, provides a solid foundation for our growth in the sector.”

All Boeing 737NG upgrades are completed out of Able’s 260,000-square-foot, state-of-the-art headquarters, where it provides more than 10,000 FAA-approved repairs, exchanges, specialized services and approved replacement parts for fixed- and rotor-wing customers, and a collaborative staff of more than 450 mechanics, engineers, DER experts, and sales and customer service specialists.

About Able Aerospace Services
Able Aerospace Services is a leading supplier of component MRO, approved replacement parts and completion services. With headquarters and maintenance facilities on the Phoenix-Mesa Gateway Airport (KIWA) in Mesa, Arizona, Able's products and services support almost 1,500 commercial and military fixed- and rotor-wing aviation customers in more than 60 countries. Able combines more than three decades of aviation experience with a staff of more than 450 employees to accomplish its mission: To safely reduce aircraft operating costs by providing resourceful component repair, overhaul and approved replacement parts solutions. Able is an approved Bell Helicopter Service Center and certified by numerous airworthiness authorities including the FAA, EASA, ANAC, CAAC, JCAB, DGCA and others.

About Textron Aviation Inc.
Textron Aviation Inc., a Textron Inc. (NYSE:TXT) company, is the leading general aviation authority and home to the Beechcraft, Cessna and Hawker brands, which account for more than half of all general aviation aircraft flying. The Textron Aviation brands represent unrivalled innovation, performance and leadership in the industry, and offer an unmatched value proposition rooted in the total ownership experience. Leveraging unparalleled speed-to-market, Textron Aviation provides the most versatile and comprehensive business and general aviation product portfolio in the world through five principal lines of business: business jets, general aviation and special mission turboprop aircraft, high performance piston aircraft, military trainer and defense aircraft and a complete global customer service organization. Textron Aviation has delivered more than 250,000 aircraft in over 143 countries. Its broad range of products include such best-selling aircraft as Citation business jets, King Air and Caravan turboprops and T-6 military trainer aircraft, all of which are backed by the industry’s most capable global service network. For more information, visit www.txtav.com.

About Textron Inc.
Textron Inc. is a multi-industry company that leverages its global network of aircraft, defense, industrial and finance business to provide customers with innovative solutions and services. Textron is known around the world for its powerful brands such as Bell, Cessna, Beechcraft, Hawker, Jacobsen, Kautex, Lycoming, E-Z-GO, Arctic Cat, Textron Systems and TRU Simulation + Training. For more information, visit www.textron.com.

Certain statements in this press release are forward-looking statements which may project revenues or describe strategies, goals, outlook or other non-historical matters; these statements speak only as of the date on which they are made, and we undertake no obligation to update or revise any forward-looking statements. These statements are subject to known and unknown risks, uncertainties, and other factors that may cause our actual results to differ materially from those expressed or implied by such forward-looking statements.

Connect with Textron IR

Eric Salander, Vice President, Investor Relations
(401) 457-2288
Jeffrey Trivella, Manager,
Investor Relations (401) 457-2288

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