Aircraft parts locator firm will invest $10 million to engine stands leasing business

Aviation IT and aircraft parts locator company Locatory.com, a part of Avia Solutions Group, has started the leasing of aircraft engine stands globally, in a move which the company estimates will invest over $10 million in the next five years. Dainius Meilunas, CEO at Locatory.com, said: “Our company just started the business after realizing that there is a gap in the market. We understand that owning engine stands might be a luxury for many MROs and airlines, thus we decided to implement this project and invest over 10 million to its growth and the variety of stands. “We start with