Logix.Aero, in partnership with RIVE Private Investment, forms LXA3
Logix.Aero, in partnership with RIVE Private Investment, forms LXA3 to enhance its investments in its core market of APU and Turboprop engines. With an initial investment of USD25M, rising to USD50M in the next two quarters, LXA3 will complete Logix.Aero capability to support OEMs, Maintenance Providers and Operators for short and long term rentals of all commercial aviation APUs and for commercial aviation turboprop engines. With more than 90 engines and APUs currently under management Logix.Aero operations across its bases in Europe, Asia and the Americas provide customers rapid access to the assets they need.
Logix.Aero now covers PW118/119/120/121/123/124B and 125B family of engines
Logix.Aero has now completed a purchase of two dozen additional PW100 family engines, expending its service capability for all PW118 to PW127M engines for short-term & long-term rentals as well as exchanges. We are delighted to be able to support Embraer, Dornier, Viking Air, Canadair, De Havilland Canada, Fokker and ATR aircraft operators. More info on availability of engines to follow. Enquiries welcome!
B787, here we come!
Logix.Aero has purchased a pool of APS5000 to support the ever growing fleet of Dreamliners. APS5000s will be dispatched to our regional bases in Europe, Asia and America to be closer to operators.
Closing a very busy month of June, Logix.Aero has also increased its pool of 131-9A, 131-9B, 331-350C, 331-500B APUs and added one PW127M engine.
New PW127M engines join the Logix.Aero rental pool
To answer growing demand from customers Logix.Aero has acquired several new PW127M that will enhance its capability to support AOG situation and planned removals.
Concurrently Logix.Aero has increased its PW124B pool to answer the needs from freight operators facing planned shop visits.
Welcome to the APS2300 APU!
Logix.Aero completes its APU family coverage to the Embraer E-Jet platform. The first units purchased by Logix.Aero have already found a home and will be joined shortly by additional units that will provide customers ready access for their support needs.
Logix.Aero increases its APU pool with a purchase of 11 units
Logix.Aero increases its APU pool with a purchase of 11 units across Honeywell 131-9A, 131-9B and 331-350C products. Those units will join Logix.Aero pool of rental APUs to service customer needs in EMEA, APAC and Americas.
Honeywell Launches a New APU Engine Rental Bank Service for Airbus A330 and A340 Aircraft
- Logix Aero will loan Honeywell’s 331-350C series auxiliary power units to operators
ROLLE, Switzerland, Feb. 1, 2018 – Honeywell (NYSE: HON) has joined forces with rental dealership Logix Aero to provide an auxiliary power unit Engine Rental Bank that loans Honeywell’s 331-350C auxiliary power units to operators with Airbus A330 and A340 aircraft.
“There is an increasing need for local services to help operators maintain their aircraft, and customers are looking toward rental dealerships to provide short-term and long-term APU rental solutions,” said Jean-Christian Morin, president, Logix Aero. “We’re working with Honeywell to provide airlines with rentals for Airbus A330 and A340 aircraft when they need them and without having contractual obligations toward the repair of their core units.”
The agreement permits operators to rent, rather than purchase, an auxiliary power unit (APU) with the added benefit of allowing them to use the maintenance service of their choice for existing equipment. This removes the need to prepare separate contracts with Honeywell for APU purchase, upkeep and repair, helping to save on costs and reduce downtime.
Working with Logix Aero will see Honeywell deliver its 331-350 APUs to operators without a direct repair contract for the first time. Customers can choose to rent over a period that addresses their business and operational needs, whether on a short-term basis to cover maintenance time on existing equipment, or over a longer term. APUs are flown by the operators during the loan period and returned to Logix Aero when it ends.
“Unscheduled engine and APU maintenance can lead to aircraft downtime and flight cancellations. Renting an APU through Honeywell’s Engine Rental Bank, implemented by Logix Aero, will cost significantly less than ordering a new one to cover repairs to existing equipment,” said Randy Anderson, president, Europe, Middle East, Africa and India Aftermarket, Honeywell Aerospace. “This agreement allows airlines to plan aircraft upkeep ahead of time, while providing an alternative solution to ensure customers can continue operations locally without worrying about unplanned costs.”
Honeywell is the world’s largest manufacturer of APUs, which are found on many leading aircraft, including regional, executive, commercial and military platforms. APUs are primarily used to power an airplane during ground operations, providing electricity, air conditioning, main engine starting and more. They also provide backup electrical power during flights.