In October, International Aerospace Coatings (IAC) signed a three-year agreement to sub-lease Hangar 9 at HAECO Americas’ Lake City, Florida, facility.
IAC is a leading aircraft finishing company that works with international airlines, private operators and aviation leasing companies across the globe, providing unique aircraft liveries to aircraft owners and operators. The complementary service provided by IAC allows HAECO Americas to offer full painting capability within its Lake City, Florida facility; meanwhile, Lake City provides a convenient East Coast hub for IAC’s customers, as well as additional capacity to meet the growing company’s expansion needs.
The multi-year contract was signed in September, quickly followed by the arrival of the first IAC customer. The agreement also includes options for further contractual extensions. Both HAECO Americas and IAC see potential synergies in the arrangement and are working closely to support each other’s business and customer base.