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Commuter Air Technology Introduces Revolutionary Maximum Endurance Upgrades for the King Air B300 Aircraft at NBAA
OKLAHOMA CITY, OK – Commuter Air Technology (CAT) headquartered in Oklahoma City, will introduce its Maximum Endurance (ME) upgrades for the King Air B300 aircraft during the upcoming National Business Aviation Association (NBAA) convention in Las Vegas. The upgrades, introduced to market as CAT 350ME, increase the operational gross weight and fuel capacity while providing industry-leading carrying capacity and endurance.
The 350ME configuration is supported by two Supplemental Type Certificates (STCs). The CAT 350 Operational Gross Weight Increase STC secured in July, and the CAT 350ME Fuel Tank STC expecting final approval in the first quarter of 2016.
“We pride ourselves in providing our customers with the latest advancements in performance enhancement for their King Air,” said Darryl Wilkerson, President, CAT. “CAT’s 350 gross weight increase and 350ME fuel tanks enable our customers to fly their King Air from coast to coast: Los Angeles to Miami, or internationally across the Atlantic, without the need to refuel. This has been unprecedented – until now.”
CAT 350ME fuel tanks have the largest capacity in the market, adding a total of 280 gallons of fuel and achieving flight time of 12+ hours with a range of 2,760 nautical miles. This accounts for a 15+% improvement over industry leading solutions currently in the market.
The nacelle, over-wing tanks extend from the engine nacelles, providing a superior aerodynamic shape with uninterrupted aesthetically pleasing lines. The tanks are wet cell type, constructed of aluminum internal structure and skin, and all parts are anodized and treated for anti-corrosion giving them longer life. The use of composite fairings offers transition between the engine nacelle and the CAT 350ME tank enhancing the overall look and performance of the aircraft.
CAT 350 Operational Gross Weight Increase provides an overall increase in operating weights for the B300 aircraft with increased ramp weight to 16,600 pounds, take-off weight of 16,500 pounds, and landing weight of 15,675 pounds. The GWI upgrade also supports the additional weight of the CAT 350ME fuel tanks and minimizes the impact to the carrying capacity for full fuel load operations.
CAT will display its 350ME aircraft featuring these upgrades at booth #IS_13 throughout NBAA.
Acorn Growth Companies Acquires Aerospheres (UK) Ltd
Acquisition Will Provide Global Access to Commercial Airlines and Maintenance, Repair and Overhaul (MRO) Markets Acorn Growth Companies, a middle market private equity firm investing exclusively in aerospace and defense, has completed the acquisition of Aerospheres (UK) Ltd, a leading chemical and composite repair supplier to the commercial airline and MRO markets.
Located 12 miles from Heathrow International Airport, Aerospheres (UK) services over 650 airlines and maintenance outlets around the world. The company has an impressive capability & inventory of over 14,000 chemicals and composite repair supplies and maintains quality approvals from the largest names in the commercial airline and MRO industry.
"Aerospheres aligns perfectly with our broad market strategy and is an excellent fit in our portfolio to drive greater growth and long term sustainability for MRO and niche-distribution businesses.” said Rick Nagel, Managing Partner, Acorn Growth Companies. "This acquisition demonstrates our commitment to prudently deploy capital while leveraging existing portfolio synergies that exist today with AGC AeroComposites, APSE, and Valair."
Aerospheres (UK) was founded in 1991 by Ben Nemenyi, who led the company’s successful journey to become a worldwide supplier to the aerospace industry. Mr. Nemenyi will continue to serve as Managing Director and will partner with Acorn’s operational team to continue the company’s strong legacy and entrepreneurial spirit.
"We are excited to become part of such a dynamic company. AGC is deeply committed to growing our business and helping us maintain impeccable quality, affordability, speed, and customer service standards. Our entire dedicated staff looks forward to working with AGC as we mutually explore growth areas in the future” said Nemenyi.
Acorn Growth Companies operates its portfolio of companies under the AGC Aerospace & Defense brand positioning itself as a global supplier of technologies, systems and services supporting key commercial and military programs. Capabilities within the AGC Aerospace & Defense portfolio include: engineering, integration services, manufacturing, logistics, MRO, modifications, and aircraft finance and leasing.
Financing was provided by the RiverRock European Opportunities Fund. Details regarding the transaction were not disclosed.
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