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GippsAERO signs with Soloy for Airvan Spare Part Distribution

GippsAERO signs with Soloy for Airvan Spare Part Distribution

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Press Release<br />

For Immediate Publication<br />

<strong>GippsAERO</strong> <strong>signs</strong> <strong>with</strong> <strong>Soloy</strong> <strong>for</strong> <strong>Airvan</strong> <strong>Spare</strong> <strong>Part</strong><br />

<strong>Distribution</strong><br />

Friday, 21 st September 2012<br />

<strong>GippsAERO</strong>, the Australian manufacturing arm of Mahindra Aerospace, today announced<br />

that a partnership agreement has been signed <strong>with</strong> <strong>Soloy</strong> Aviation Solutions. The agreement<br />

will see <strong>Soloy</strong> provide spare part distribution and technical support services <strong>for</strong> <strong>GippsAERO</strong><br />

USA customers.<br />

CEO, Dr, Terry Miles comments “the establishment of <strong>Airvan</strong> <strong>Spare</strong> <strong>Part</strong> distribution and<br />

technical support centres is to provide operators <strong>with</strong> the level of service they are<br />

accustomed to in the United States. <strong>Soloy</strong> is a welcome addition to the growing North<br />

America strategy as one of the key service providers to support GA8 <strong>Airvan</strong>s in the region.”<br />

<strong>Soloy</strong> Aviation Solutions, incorporated in 1969 and located in Olympia Washington, is a wellknown<br />

and respected provider of a range of aviation related services including retrofits,<br />

reassembly, and aircraft parts/accessories/kits. <strong>Soloy</strong> CEO Dave Stauffer said, “We<br />

welcome the opportunity to provide the GA8 operators convenient and professional service<br />

and timely support in North America”.<br />

“We are excited to partner <strong>with</strong> <strong>Soloy</strong> Aviation Solutions which is a well-known and<br />

respected player in the general aviation sector <strong>for</strong> the past 40 years. Their expertise will<br />

certainly help us consolidate our presence in North America and grow market awareness<br />

and visibility <strong>for</strong> the Mahindra Aerospace brand,” said Mr. Arvind Mehra, Executive Director<br />

& CEO, Mahindra Aerospace.<br />

<strong>GippsAERO</strong>’s <strong>for</strong>ay into North America as a region of focus is committed to strengthening<br />

the permanent presence to provide excellent customer service. This significant next step to<br />

provide spare part distribution and technical support is another tick in the box <strong>for</strong> their<br />

ongoing plan following agreements they have put in place in the last 6 months to appoint<br />

well known US dealers.<br />

The <strong>Airvan</strong> is widely known <strong>for</strong> its rugged, utility type characteristics and low maintenance<br />

requirements. <strong>GippsAERO</strong> understand the importance of quick professional support and is<br />

going to great lengths to confidently increase its flying fleet in the region. The number of<br />

<strong>Airvan</strong>s is certainly on the rise in the USA, as are the number of customer support facilities,<br />

as demonstrated by this partnership <strong>with</strong> <strong>Soloy</strong>, a trusted leader in this field.


About <strong>GippsAERO</strong>/Mahindra Aerospace<br />

GippsAero, the Australian manufacturer of the GA8 AIRVAN, is the aircraft manufacturing<br />

division of Mahindra Aerospace. The company has manufactured in excess of 200 aircraft,<br />

which fly in 34 countries around the world, including USA, Australia, Europe, Africa and Asia.<br />

Mahindra Aerospace is the aircraft and aero-structure manufacturing division of Mahindra<br />

Systech, and a new global player in the delivery of aircraft, aero-structures and aircraft<br />

development services. With its acquisition of two Australia-based aviation companies,<br />

Aerostaff Australia – producer of aerospace components <strong>for</strong> the world’s OEMs – and<br />

GippsAero – producer of the <strong>Airvan</strong> family of utility aircraft – Mahindra Aerospace has laid<br />

the foundations towards achieving its goals.<br />

About The Mahindra Group<br />

The Mahindra Group focuses on enabling people to rise. Mahindra operates in the key<br />

industries that drive economic growth, enjoying a leadership position in tractors, utility<br />

vehicles, in<strong>for</strong>mation technology and vacation ownership. Mahindra has a presence in the<br />

automotive industry, agribusiness, aerospace, components, consulting services, defence,<br />

energy, financial services, industrial equipment, logistics, real estate, retail, steel and two<br />

wheelers.<br />

A US $14.4 billion multinational group based in Mumbai, India, Mahindra employs more than<br />

144,000 people in over 100 countries.<br />

In 2011, Mahindra featured on the Forbes Global 2000 list, a listing of the biggest and most<br />

powerful listed companies in the world. Dun & Bradstreet also ranked Mahindra at No. 1 in<br />

the automobile sector in its list of India’s Top 500 Companies. In 2010, Mahindra featured in<br />

the Credit Suisse Great Brands of Tomorrow.<br />

In 2011, Mahindra acquired a majority stake in Korea’s SsangYong Motor Company.<br />

For further in<strong>for</strong>mation, please visit www.mahindra.com<br />

For further in<strong>for</strong>mation about<br />

GippsAero or this media item, contact:<br />

Mr. Mark McNamara<br />

Marketing Manager<br />

GippsAero Pty Ltd<br />

PO Box 881<br />

MORWELL VIC 3840<br />

Ph + 61 3 5172 1200<br />

M + 61 467 491 284<br />

Fx + 61 3 5172 1201<br />

E: mmcnamara@gippsaero.com<br />

www.gippsaero.com<br />

For further in<strong>for</strong>mation regarding the<br />

Mahindra Group please contact:<br />

Ms. Roma Balwani<br />

Senior Vice President & Group Head,<br />

Corporate Communications<br />

Mahindra & Mahindra Ltd.<br />

Phone: (+91-22) 2490 1441<br />

Fax: (+91-22) 2490 0830<br />

Email: balwani.roma@mahindra.com<br />

www.mahindra.com

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