AerSale Corporation (AerSale) has signed a lease agreement with the Millington Airport Authority for an existing aircraft hangar and ramp space to establish a maintenance, repair and overhaul (MRO) facility at Millington-Memphis Airport.
The AerSale MRO operation will utilize a 112,000 ft² hangar capable of fully housing two narrow-body aircraft with back-shop capability and approximately three acres of ramp space. The existing facility will undergo a significant remodel, which will include upgrades to the current infrastructure as well as the addition of new office space, and is expected to be completed by Q1 2024. Once operational, the Millington-Memphis location will be the company’s sixth MRO location in the United States and its second location in Tennessee.
According to Nicolas Finazzo, AerSale’s Chief Executive Officer, Millington-Memphis Airport is an ideal site for the company’s continued expansion, with its central U.S. location, 8,000-ft runway, and logistical advantage of being close to several major cargo operator hubs and a short drive to the company’s parts distribution centre in Memphis. The new AerSale MRO centre will provide narrow-body maintenance, modification and heavy MRO activity, as well as wide- and narrow-body storage and disassembly.
Additionally, the facility will be capable of providing MRO services for structural components and other aircraft components. Executive Director Roy Remington welcomed AerSale’s expansion, stating that it will bring world-class aviation services to Millington and the greater Memphis area.
