Today, TP Aerospace published the 2020 financial results after a year that has been called the worst year in history for air travel demand by the International Air Transport Association (IATA) and where global demand fell by 65.9% compared to 2019.
At end of October, TP Aerospace’s Singapore entity was successfully accredited to ASA-100 by the Aviation Suppliers Association (ASA).
In early October, TP Aerospace added a third commercial division to the company and officially entered the distribution business with the inauguration of TP Aerospace Distribution. This is another step in TP Aerospace’s plan to offer fully comprehensive wheel and brake solutions for aircraft operators worldwide and is a continued testimony to the company’s expansion strategy: the Green Sunrise.
On September 3rd, TP Aerospace obtained the Japan Civil Aviation Bureau (JCAB) approval under the Technical Arrangement on Aviation Maintenance (TA-M) between The Civil Aviation Authority of Singapore (CAAS) and JCAB.
TP Aerospace has issued a letter to its customers in response to COVID-19. As a company, business partner and employer, we are committed to helping minimize the spread of the virus and ready to support our customers during this time of uncertainty.
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