Flying Colours strengthens presence in Asia
March 19, 2012, Peterborough, Ont. - Canadian-based Flying Colours Corp. continues to strengthen its presence in Asia as it prepares to deliver three more new aircraft to the region.
The latest trio of Bombardier Challenger 850 aircraft will bring the total number of aircraft completions delivered to the region by Flying Colours Corp. to seven.
The Bombardier Challenger 850s have undergone completion at both the companies Canadian and USA facilities with each aircraft taking approximately eight months, as scheduled, to finish. The 13-15 seat aircraft have included complex communications installations, stylish leather furnishings, high gloss exotic wood veneers, state-of-the-art In Flight Entertainment systems, and a number of client specific details. One of the completed aircraft will also feature both a vacuum waste and smoke extraction system, which were custom designed and integrated by Flying Colours for the 850.
The aircraft which are destined for private clients in both Mainland China and Hong Kong, will be operated by three different local operators and will be certified on the CAAC or Isle of Man registers.
The delivery of the aircraft will bring the total number of Challenger 850s completed by Flying Colours Corp. to ten. Seven have been destined for the Asian market whilst the remaining three have been delivered to Russia and the Middle East. A further five new 850s are currently in the pipeline and are all destined for Chinese based clients.
“We continue to see strong growth in the Asian market for primarily mid-large sized jet aircraft,” said Sean Gillespie Executive Vice President. “We are working with a number of major operators within Asia for a variety of maintenance and refurbishment packages on larger Bombardier Challengers and Gulfstream models. We have already completed refurbishment of Global Express aircraft for the region too. The trend is definitely upwards in terms of continued interest from Asia and these mid-to-long range aircraft are in high demand in the Asian market”
Plans for new facility and training opportunities
Flying Colours Corp. is demonstrating its commitment to the region by attending this year’s ABACE to be held in Shanghai, March 27th to 29th, where on booth number H410 it will be talking up its on-going plans to develop a long term presence in the region. With a local partner it plans to mirror the North American facilities at Peterborough, Ontario and St Louis, Missouri. “The region is key to our continued growth and we anticipate that our planned state-of-the-art facilities will be the first of its kind in Asia dedicated to full refurbishment, maintenance and completions,” said Gillespie.
Flying Colours Corp. is also planning to maximise its training collaboration with Canadian educational establishment Fleming College to benefit the Asian market. Through the college Flying Colours already offers an apprenticeship programme and looks to source new employees from this pool. It plans to bring a similar comprehensive refurbishment, completions and maintenance educational offering to the Asian region. “As the market continues to grow in the region we are keen to develop locally skilled teams in order to maintain the service offering we can provide to our local customers. Having a local team in place will improve efficiency, be cost-effective for the clients and will ensure that we are aware of the latest trends and needs from this expanding market.”