TP Aerospace has officially moved into a new facility in Singapore after a successful completion of local authority audit on June 6th. The facility is fully operational, and the first units have already been issued from the new location.
On June 5th, the world celebrated World Environment Day and this year the campaign #OnlyOneEarth invited for a collective action on a global scale to celebrate and encourage environmental action from us all. At TP Aerospace, we want to take part in raising awareness and take action to address the environmental and climate challenges we see.
TP Aerospace is committed to being at the forefront of the green transition of the aviation industry and to support its customers in decarbonizing their supply chains. As a natural extension of this commitment, TP Aerospace has now taken action to reduce its emissions in line with the Paris Agreement goals.
TP Aerospace had a strong performance in 2021, which is supported by the newly published annual report. While global aviation remained significantly impacted by the COVID-19 pandemic in 2021, activity grew steadily growing for TP Aerospace, and the company managed a more than 30% topline growth from 2020.
Effective January 1, 2022, co-founder and CEO Peter Lyager will step down as executive director of TP Aerospace and transition to a non-executive position in the company’s Board of Directors. Nikolaj Jacobsen, who joined TP Aerospace as CFO in 2018, has been appointed new CEO of the company alongside President and co-founder Thomas Ibsø.
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