InTech Aerospace: Riding the Growth Wave on Commercial Aircraft
HOUSTON, April 3, 2015 /PRNewswire/ -- InTech Aerospace, a steadily growing aviation technical services firm specialized in commercial and military airplane interiors and components, has become a classic entrepreneurial success story in Houston, Texas. The company has more than doubled in size in just the past three years. Actually, it's a growth story with multiple chapters over three decades.
InTech Aerospace can trace its predecessors' history through several earlier incarnations under previous owners, matched closely to the twists and turns, ups and downs of the airlines industry. In the 1980's, the company's first roots were created in the leather interiors cut-and-sew business supporting a fast-growing upstart airline. That first chapter grew dramatically and the company was sold to a large aerospace conglomerate. Later in the 1990's, some of the core team re-assembled under the enlightened ownership of the vice-chairman of a major airline, who built the company back to considerable scale, still specialized in aviation interiors. He eventually sold that business in the early 2000's to a regional airline, which turned it into a multi-divisional aircraft services business unit working mostly for its own in-house fleet. Strategies changed and the airline decided years later to sell the Houston division in 2011 to its leadership team, who then rapidly rebuilt InTech Aerospace back once again to an impressive array of technical capabilities and steady growth. Some of the original craftsmen and seamstresses from the earlier chapters in the 1980's and 1990's remain at InTech Aerospace to this day.
Today in 2015, the story continues. And in this newest chapter, InTech Aerospace finds itself in a period of unprecedented growth in the commercial airliner fleets. The airlines' fleets of large and regional planes are expected to double in their numbers in the next 20 years (forecasts by Boeing and Airbus), and interiors tend to wear out with heavy use, requiring periodic overhaul and upgrade. Published reports recently cited over $4 Trillion in new orders for commercial planes through the year 2033, and all of those planes (which will fly for 30 years or more) represent an "Installed Base" of many millions of man-hours of required repairs and refurbishments. That aftermarket phenomenon of recurring repairs is where InTech predicts its most aggressive growth in the next 5 to 10 years.
Performing a variety of overhaul and retrofit chores chiefly on aircraft interiors and related components, InTech Aerospace today enjoys a client list that includes regional airlines, mainline carriers, large OEM's, aircraft leasing companies, and major MRO facilities. Known as the "interior experts," Intech Aerospace has teams of highly experienced craftspeople in these areas:
- Seat Shop (anything that needs to be done with airline seats—anything)
- Soft Goods (leathers, fabrics, sheepskin—our sewing rooms are beehives of expert activity)
- Interior Structural Components & "Monuments" (sidewalls, ceilings, window surrounds, closets)
- On Site Interior Removal and Installation Teams (allowing MRO and Airline technical labor to focus on other areas of aircraft maintenance)
- Lavatory Assemblies (frequently needing refurbishment, we do it all for lavatories & systems)
- Coffee Makers & Galley Equipment (repairs and upgrades for anything in the airborne kitchen)
- Plastics (Tedlar, composites, vacuum-forming, a whole variety of specialty materials skills)
- Owner Produced Parts (need something special? We can make it happen)
- Build to Print Services (from design and engineering support to expert installations)
Todd Wilkinson, President of InTech Aerospace, said: "Our airlines and MRO clients know that InTech can deliver excellent quality, on-time delivery, and an absolute cost advantage for anything they need inside the airplane. We are highly specialized on all interior components, front to back. And, our remote Interior Remove and Install Teams are saving MRO and airline maintenance locations valuable time and labor with InTech completing the installation. This allows their valuable technicians to focus on other areas of aircraft maintenance tasks. Our quality is assured through the scores of superbly trained and deeply experienced technical employees who call InTech home."
InTech Aerospace intends to invest for growth in each of its lines of business, and expand geographically, to keep pace with rising industry trends. Riding the growth wave as this story continues.
For more information: www.intechaero.com. InTech Aerospace LLC, 4750 World Houston Parkway, Suite 100, Houston, TX 77032 PH (281) 810-4400.
| Forward Looking Statements: The Company from time to time may discuss forward-looking information. Except for factual historical information, all forward looking statements are estimates by the Company's management and are subject to various risks and uncertainties that are beyond the Company's control and may cause actual results to differ materially from management's expectations. |
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SOURCE InTech Aerospace
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