Texas Aero Engine Services (TAESL), the 50-50 joint venture (JV) between American Airlines and Rolls-Royce, will be dissolved by January 2016. The JV was launched in 1998 to perform maintenance, repair and overhaul (MRO) work on Rolls engines operated by American. But work has declined at the facility and the demand decline is expected to continue with American continuing to retire Rolls RB211-powered Boeing 757s.  “The combination of reductions in demand and lack of future ...

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