Headquartered in Denmark, TP Aerospace is an aftermarket provider of wheels and brakes for airlines worldwide. The company has 174 employees in offices, warehouses and service centres in Europe, USA and Asia. In 2016, the company recorded revenues of USD 61m and EBITDA of USD 11m.
TP Aerospace operates in the aftermarket, acquiring used wheels and brakes which are repaired, overhauled and certified in in-house MRO facilities. Airworthy wheels and brakes are then distributed to customers through two channels; trading on the spot market and through long-term service contracts, which offer airlines a seamless and integrated service. The long-term contract offering has grown strongly in the past years and now represents 60% of TP Aerospace’s revenue.
Main figures 2015 Revenue USD 61m EBITDA USD 11m Employees 175 Board (Under establishment) Managment Peter Lyager (CEO)Thomas Ibsø (President)