CASCADE AIRCRAFT SOLUTIONS INC. ANNOUNCES
FORMATION
September 19th, 2005 :
Issaquah, WA (Website)
Cascade Aerospace Inc. of Abbotsford, B.C. and Art Schmidt,
former head of Technical Services for Boullioun Aviation Services,
have formed a new company, Cascade Aircraft Solutions Inc. (CAS) to
offer commercial and technical services to aircraft lessors,
owners, operators, financiers and
manufacturers. Comprised of a
core team of five former Boullioun Aviation Services employees,
Cascade Aircraft Solutions has decades of industry experience, and
have managed more than 150 large commercial jet transport
aircraft.
“We’re a balanced team of professionals
with the proven capability to efficiently manage aviation based
assets so that owners, operators, financiers and manufacturers can
minimize their downside exposure and maximize their return on
investment,” said Art Schmidt, Cascade Aircraft
Solutions President and co-founder.
“Our balance comes from the fact that we’re
a commercially-driven technical team of professionals that
have
an equal appreciation of commercial and technical
solutions.”
“CAS’ unique partnership with Cascade
Aerospace, one of North America’s leading maintenance,
modification and engineering facilities, gives Cascade Aircraft
Solutions the ability to offer complete engineering services,
skilled aircraft technicians, and a state-of-the-art facility to
supplement our management and technical services”, adds
Schmidt. Cascade Aircraft Solutions offers asset
management support in a variety of areas including aircraft
selection, purchase agreement and lease negotiation support,
configuration development, aircraft delivery and transition
support, in-service airframe and engine monitoring, and financial
services including risk management and lease
reviews.
“Art and his team are a great group of people
we’ve had the privilege of working with for several
years,” says Cascade Aerospace President, David
Schellenberg “and we look forward to exploring new
avenues of opportunity as a result of this
partnership.”
Cascade Aerospace is one of the top MRO providers in North
America, supplying line and heavy maintenance services primarily to
North American airlines and aircraft leasing companies.
The company also provides engineering and modification services,
including major modifications such as cargo conversions and
specialty aircraft. Cascade’s family of
over 600 people is headquartered in an eight narrow body bay
facility at the Abbotsford International Airport.
 |