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AE Industrial Partners invests in Yingling Aviation

AE Industrial Partners, a US-based private equity firm specialising in aerospace, defence & government services, and space, power & utility services, has acquired a majority interest in Yingling Aviation, a provider of maintenance, repair and overhaul and fixed-base operator (FBO) services to business aviation and government customers throughout the United States. 

AE Industrial Partners (AEI), a US-based private equity firm specialising in aerospace, defence & government services, and space, power & utility services, has acquired a majority interest in Yingling Aviation, a provider of maintenance, repair and overhaul (MRO) and fixed-base operator (FBO) services to business aviation and government customers throughout the United States. 

Yingling Aviation Chairman and CEO Lynn Nichols and President Andrew Nichols will remain active leaders and investors in the Company. Terms of the transaction were not disclosed.
 
Yingling Aviation is a full-service business aviation MRO and FBO services provider located at Wichita’s Dwight D Eisenhower National Airport (FBO:ICT). The Company’s broad range of MRO services include airframe, engine, avionics upgrades, paint, interior, propeller sales and service, parts sales, as well as 24/7 FBO services. 

AEI has a long and successful track record of investing and operating in business aviation, which represents one of AEI’s six core target markets. Other investments in the business aviation market over the more than 25-year history of AEI, and their predecessor AeroEquity include Alpine Air, Global Jet Capital, Landmark Aviation, Solairus Aviation and StandardAero.
 
Akerman & Co LLP served as legal advisor to AEI. Arn Mullins Unruh Kuhn & Wilson and Klenda Austerman served as legal advisors to Yingling Aviation.

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