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Announced

Completed

Triumph Group and Air France formed xCelle Americas.

Synopsis

Triumph Group, a firm that designs, engineers, manufactures, repairs and overhauls a broad portfolio of aerospace and defense systems, components and structures, and Air France. a provider of passenger transport, cargo transport and aeronautical maintenance, formed xCelle Americas, a joint venture to repair Boeing 787 and other airline engine nacelles. Financial terms were not disclosed. "The announcement of this joint venture is a huge achievement and a sign of confidence in the future. It's an honor to be selected to lead xCelle Americas as its CEO. Together with William Buxton, xCelle Americas COO, we will give our best to make this new JV a success. We are very excited to set up this new product in the Americas and to offer reliable and local solutions on the new gen-nacelles for the operators," Philippe Martin De Beaucé, xCelle Americas CEO.

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