Universal Aviation Mexico opens fifth hangar at MMTO

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
173
Universal Aviation Mexico opens fifth hangar at MMTO

TOLUCA, Mexico, Aug. 13, 2018 (GLOBE NEWSWIRE) -- Universal Aviation Mexico, a joint venture between Avemex, and Universal Weather and Aviation, Inc. to provide ground support throughout Mexico, has officially opened its new $3.5 million, 50,000 square-foot hangar on the property of their FBO at Toluca International Airport (MMTO).

“Both based and transient, non-based operators at Toluca have struggled to find parking and hangarage due to shortages in recent years at this already congested airport. That challenge is only exacerbated during high-traffic periods like the annual Mexico City F1 race and American Football games in Mexico City, so we made this investment in this fifth Universal Aviation Mexico hangar at Toluca to meet that growing demand,” said Greg Evans, Chairman, Universal®. “Along with the multi-million-dollar renovation of our state-of-the-art FBO two years ago, our new hangar is recognition of our commitment to supporting our clients’ critical missions at this important destination for business aviation.”

The new hangar, which will predominantly be used use for locally-based operators outside of peak periods or for large-body aircraft arrivals, includes 32,000 square feet built-in office space and 17,200 square feet of storage space. Universal Aviation’s ramp also offers three direct taxiway access points, the most of any FBO at Toluca.

“We built this ‘low-movement hangar’ to meet the parking and hangarage shortages at Toluca without compromising safety by either positioning aircraft extremely close together or having to make excessive movements to get in and out,” said Agustin Lanzagorta, President of Grupo Avemex. “We’ve seen tremendous interest in the new hangar and have already secured many base tenants. We’re excited to now have more capacity to protect our customers’ aircraft and ensure our customers have a safe place to protect them from the extreme Toluca weather.”

Universal Aviation is the ground support division of Universal Weather and Aviation, Inc. and has more than 50 locations in 20+ countries, with five locations operated under Universal Aviation Mexico. Its location in Toluca is also one of the longest-running FBOs at the airport, first established in the early 1990s. Universal Aviation Mexico also offers handling services in more than 50 airports in Mexico.

Avemex manages a mixed fleet of 24 aircraft and helicopters. Avemex’s service division, Centro de Servicio Avemex, provides support services including maintenance (corrective, scheduled and preventive), airframe services, engine and APU services, and avionics maintenance scheduling.

For more information on Universal Aviation Mexico, visit  www.universalaviation.aero/mexico .  For more information on Avemex, visit  http://www.avemex.com.mx .

About Avemex  Grupo Avemex has more than 39 years of experience supporting the corporate aviation industry in Mexico by providing full aircraft operation management services and maintenance, adhering to the highest international standards for quality, safety, compliance, and customer service.  Grupo Avemex is also de exclusive authorized HondaJet dealer in Mexico. Authorized by the Mexican DGAC and the FAA, Grupo Avemex provides maintenance services for a large fleet of operators in Mexico. In addition, Grupo Avemex has a strategic partnership with Universal Weather and Aviation, Inc. to provide aircraft ground support services throughout Mexico, under a joint venture, Universal Aviation Mexico, which also operates an FBO in Toluca that underwent a multi-million renovation in 2016. For more information on Avemex contact +52 722-2793000.

About Universal Weather and Aviation, Inc. You're counted on to make every trip a success, but you don’t have to do it alone. Reduce your operating risk and stress by accessing a global community of resources dedicated to helping you prepare for unforeseen events, navigate the ever-changing regulatory environment, and manage your stakeholders’ expectations. Keep your organization moving and ensure mission success with complete and customized trip management services – coordinated through your dedicated trip support team, or online and on your Apple® iPad® via uvGO. For more information, contact worldwide sales at +1 (800) 231-5600 ext. 3300 (North America) or +1 (713) 944-1622 ext. 3300 (Worldwide).

Apple and iPad are registered trademarks of Apple Inc., registered in the U.S. and other countries. Universal Weather and Aviation, Inc. is not endorsed, sponsored, affiliated with or otherwise authorized by Apple Inc.

Media Contact: Louis Smyth +1 (713) 306-3269 lsmyth@univ-wea.com

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/Attachm...e7030b9e53

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Deadline Looms for EquipmentShare Investors' Legal Action

Updated Category News Views 4

Pressure Builds for EquipmentShare Investors If you've thrown some cash into EquipmentShare.com Inc. (NASDAQ: EQPT), it's time to sit up and pay attention. There's smoke on the horizon, and Faruqi & Faruqi, LLP is waving the flag. They've got a securities class action spinning fast, and if you've suffered any losses, September 21, 2026, is a date you don't want to forget....

Continue Reading
Albertsons Welcomes Once Upon a Coconut Nationwide

Updated Category News Views 4

Coconut Water Takes Over Grocery Aisles You know, for all the cautious optimism I wield, this here is a move that shows real muscle in the world of coconut water—I mean, slamming into Albertsons' grocery empire is no small potatoes! Once Upon a Coconut has landed its premium hydration cans across all the banners under this giant retailer. From that good ol' familiar...

Continue Reading
SES Sells to AFC Industries: A Strategic M&A Move

Updated Category News Views 3

Nashville's Notable Deal in Industrial Supply On a muggy September day in Nashville, XLCS Partners announced it was at the helm of a noteworthy transaction—the sale of Signature Engineered Solutions (SES) to AFC Industries. Now, this isn't just another corporate shuffle; it's a calculated move in the gritty world of fastening and engineered solutions. The Nitty-Gritty...

Continue Reading
XKL Delivers MediaLight for High-Speed Optical Transport

Updated Category News Views 2

Unpacking the MediaLight Launch Kicking off September, XKL is tossing its hat in the ring with the MediaLight Xponder and Muxponder systems. These aren't just any run-of-the-mill gizmos—nope, they're touted as top-of-the-line optical transport solutions. The talk of the town is their ability to dish out high-density 100G and 400G transport, and for geeks in the trade,...

Continue Reading
Mobile Iron IV Expansions: Targeting Texas Health Needs

Updated Category News Views 13

Out in Texas, folks facing iron deficiency have a new game-changer coming their way. Drip Gym, the same outfit making waves out in Queens and Long Island, is taking their mobile iron IV therapy clinic straight to Texan doorsteps. No more trotting off to a clinic for iron infusions with this crew rolling into Houston, Dallas, Austin, and San Antonio. What's the Big Deal?...

Continue Reading
RTI's $14M Boost: A Game-Changer for Tech Innovators

Updated Category News Views 6

Breaking Ground in Tech Deployment The march toward commercializing new tech can be a nightmare. Ask any innovator trying to leap from lab genius to market ready, and they'll tell you the pathway is paved with hurdles—especially in the rough-and-tumble world of energy and industrial tech. RTI International's latest $14 million move? That's a massive step in leveling the...

Continue Reading
CrossCountry Mortgage Boosts Loan Limits, Flexibility for 2027

Updated Category News Views 13

Trailblazing in the Mortgage Game Well, what do we have here? CrossCountry Mortgage, the big cheese of retail mortgage lenders, is cranking up their conforming loan limits to a hefty $845,000. They're jumping the gun on the Federal Housing Finance Agency's official 2027 announcement. It's a classic move—proactive, bold, and a bit of a gamble, if you ask me. They’re...

Continue Reading
Bitwise Pulls Plug on Dogecoin ETF Amid Market Risks

Updated Category News Views 6

Bitwise Ditches Dogecoin ETF: End of a Speculative Era Who knew that a digital asset inspired by an internet meme would get a platform on Wall Street? Well, Bitwise did. They rallied behind Dogecoin, launching the Bitwise Dogecoin ETF, ticker BWOW. But as of September 10, 2026, the fund's journey is coming to an end with liquidation just around the corner. What Sparked...

Continue Reading
Helio Fred Garcia Honored by Diversity Action Alliance

Updated Category News Views 4

Award Ceremony Set in the Big Apple In an industry where recognition often feels as transient as a ticker's daily high, the Diversity Action Alliance (DAA) is doing its bit to emphasize the lasting impact individuals can make. On September 16 in New York City, Helio Fred Garcia will be honored with the 2026 Pat Ford Larger Than Life Impact Award at the DAA's Annual...

Continue Reading
Seismic Pharma Kicks Off Phase 3 Trial for Istaroxime

Updated Category News Views 3

Seismic Sets the Stage for a Medical Milestone From the heart of biotech in Durham, North Carolina, seismic waves ripple through the medical community as Seismic Pharmaceuticals embarks on a high-stakes adventure. It's official: they've enrolled their very first patient in the global Phase 3 trial of istaroxime, targeting the grim specter known as cardiogenic shock. You...

Continue Reading

Top 5 Most Recently Viewed Articles

UBS Enhances Azelis Rating to 'Buy' on Strong Recovery Outlook

Updated Category News Views 192

UBS Upgrades Azelis to 'Buy' Based on Positive Market Signals In a significant move for investors, UBS Global Research has upgraded Azelis Group (EBR: AZE) from a "neutral" stance to a "buy" rating. This transition comes as analysts recognize the recovery potential and favorable valuation of the Belgium-based company. Positive Market Response Following the announcement...

Continue Reading
Algae-C Inc. Merges with Rockcliffe Labs for Enhanced Biotech Growth

Updated Category News Views 192

Algae-C Inc. Merges with Rockcliffe Labs for Enhanced Biotech Growth Algae-C Inc. is now officially part of Rockcliffe Labs, a Canadian late-stage biotech innovation platform. This strategic acquisition allows Algae-C to enhance its operational capabilities and leverage Rockcliffe Labs' extensive resources and expertise in the biotechnology sector. Transaction Overview...

Continue Reading
Crown Crafts, Inc. to Discuss Q2 Fiscal 2026 Earnings Soon

Updated Category News Views 126

Crown Crafts, Inc. to Announce Q2 Fiscal 2026 Results Crown Crafts, Inc. (NASDAQ: CRWS) has made an important announcement regarding its upcoming financial results. The company plans to share its operational performance for the second quarter of fiscal year 2026 before market openings on a specified date in November 2025. This event underscores Crown Crafts’ commitment...

Continue Reading
AFGB Stock Hits 52-Week Low, Analyzing Market Trends

Updated Category News Views 256

AFGB Stock Experiences 52-Week Low Amid Market Trends American Financial Group (NYSE: AFG) has recently seen its stock, PR B (AFGB), hit a concerning 52-week low, reaching $22.7. This notable decline comes as investors contend with a fluctuating market environment that has created uncertainty among many stocks. At a market capitalization of $11.5 billion, the company's...

Continue Reading
KBR Secures $113 Million Air Force Contract for Innovation

Updated Category News Views 63

KBR Secures $113 Million Air Force Contract for Innovation KBR, Inc. (NYSE: KBR) has officially announced that it’s landed a five-year contract worth $113 million. This important contract focuses on aeronautical systems research for the Air Force Life Cycle Management Center Mobility Directorate. Purpose of the Contract Awarded under the Department of Defense...

Continue Reading