OCTOBER 6TH, 2014

TES Aviation and Privilege Style Airlines sign Engine Fleet Management agreement

TES Aviation Group (Wales, UK) has today announced the signing of a long term engine support agreement with Privilege Style (Madrid/Palma, Spain).

The engine management program consists of a bespoke selection of tailored service modules which have been developed from TES’ already established Engine Management programs, allowing TES to fulfil the exact requirements of the airlines engine management needs and indicates a new service offering to the airline community.

The program will support the established Spanish private charter airline with off-wing technical and commercial engine management activities, including reliability programming, fleet forecasting, financial modelling, maintenance planning and repair event management, with the objective of reducing the cost of engine operations and to manage the residual value of the fleet.

Privilege Style will benefit from TES’ 18 years of engine management experience, where their expertise of the RB211 & CF6-80 engine families, is proving an invaluable resource to those operators aiming to achieve ultimate efficiency and cost effective operation of their engine fleets.

Madrid based Privilege Style operates VIP Private Charter flights out of Barajas Airport and includes several high profile Spanish companies and La Liga football teams among its clients. It offers a premium service with a “Passion for Flying” which combines well with TES Aviation’s Professional asset management services to ensure Privilege Style remains a first class operator in all aspects.

David Torres, Technical Director at Privilege Style said: “We are delighted to enter into this agreement with one of the Worlds aviation Powerplant Management leader companies. The Modular Selection program allows us to maximize our investment and at the same time optimize our daily operation. Privilege Style needs World Class Partners in order to offer on a daily basis an exceptional service to our customers, this is precisely why we have chosen TES.”

Phillip Grant, SVP Business Development at TES said “TES are excited to work with the professional team at Privilege Style in all aspects of their engine management, from technical and commercial planning, to reducing the cost of operations whilst maintaining profitability, in what is an increasingly competitive market. TES have taken our standard full fleet management program and tailored this service to create an entirely bespoke solution to compliment what Privilege Style already has in place. The program will provide superior pro-active management support of their engine portfolio whilst allowing Privilege Style to concentrate on what they do best, offering premium levels of individual customer service through tailored flight operations.”

Mat Burris, CEO of TES added “We are delighted to welcome Privilege Style to TES’ growing fleet management programs. As a launch customer of the new TES Modular Selection level of engine management support, our team will be working closely with Privilege Style looking at all aspects of engine operating cost per flying hour, utilising our technical and commercial strengths along with inventory and lease engine provisioning. We look forward to a long and mutually beneficial partnership with Privilege Style.”