September 17, 2014 8:16 PM ET

Aerospace and Defense

Company Overview of Fokker Services B.V.

Company Overview

Fokker Services B.V. develops and produces components and systems for the aerospace industry, and supplies integrated maintenance services and products to aircraft owners and operators. It offers logistics asset management, spares, component repair, single exchange, technical asset management, fleet support, aircraft conversion, aircraft MRO, and aircraft life cycle support services. The company was formerly known as The Netherlands Aircraft Factory and changed its name to Fokker Services B.V. in 1996. Fokker Services B.V. was founded in 1919 and is based in Hoofddorp, the Netherlands with locations in Oude Meer and Hoogerheide, the Netherlands; Singapore; and Atlanta and LaGrange, Georgia. ...

Hoeksteen 40

Hoofddorp,  2132 MS

Netherlands

Founded in 1919

Phone:

31 88 628 0000

Fax:

31 252 627 111

Key Executives for Fokker Services B.V.

President
Managing Director of Asia
Vice President of Technical Services and Ac&C
Director of Legal
Director of HR
Compensation as of Fiscal Year 2014.

Fokker Services B.V. Key Developments

Orenair Partners with Fokker to Introduce Electronic Flightbag Solution for iPad® on its Boeing 737 Fleet

Fokker Services has received the order award from Orenair to introduce the Fokker Services EFB solution for iPad® on Orenair’s entire B737 fleet. The Fokker Services EFB solution for iPad® is a Class 2B EASA-certified installation including mounting and power supply. Its simplicity brings the advantages of EFB at a fraction of the cost and downtime of other currently available solutions. Fokker Services won the Aviation Week ‘Most innovative MRO in 2013’ award for this solution, which has now been sold for use on nearly 500 aircraft. Orenair and Fokker Services have agreed to implement the EFB solution for iPad® on the airline’s entire fleet. This will provide savings in weight as well as enhanced accessibility of information and performance data.

Nordwind Airlines Partners with Fokker Services

Fokker Services, part of Fokker Technologies, has received an order from Nordwind Airlines for the introduction of the Fokker Services EFB solution for iPad® on Nordwind Airlines’ A320, B737, B757, B767 and B777 fleet. The Fokker Services EFB solution for iPad® is a Class 2B, EASA-certified installation including mounting and power supply. Its simplicity allows the advantages of an EFB to be achieved at a fraction of the cost and downtime of other solutions currently being offered. The solution led to Fokker Services winning the Aviation Week ‘Most innovative MRO in 2013’ award, and since then has been sold for nearly 500 aircraft. Nordwind Airlines and Fokker Services have teaming arrangement to implement the EFB solution for iPad® on the entire Nordwind Airlines fleet. This will provide savings in weight as well as enhanced accessibility of information and performance data. The Fokker Services EFB solution for iPad® covers not only the hardware to mount and power the iPad®, but also the associated certification and supporting data, such as manual supplements, to ensure that airworthiness compliance can be demonstrated.

Treasury Announces Settlement of a Potential $51 Million Civil Liability with Fokker Services B.V. for Apparent Sanctions Violations

The U.S. Department of the Treasury announced a settlement with Fokker Services B.V., The Netherlands, of the company's potential $51 million civil liability in connection with alleged violations of U.S. sanctions on Iran and Sudan. This action is the result of an exhaustive investigation by Treasury's Office of Foreign Assets Control (OFAC) along with other Federal agencies. As part of the settlement, FSBV will satisfy its liability with the payment of a $10.5 million civil monetary penalty to OFAC and the Department of Commerce's Bureau of Industry and Security (BIS), a forfeiture of an additional $10.5 million pursuant to a deferred prosecution agreement reached with the Department of Justice's U.S. Attorney's Office for the District of Columbia (USAO), and the acceptance of responsibility for its egregious conduct involving over 1,150 alleged violations of U.S. sanctions. From 2005 to 2010, FSBV indirectly exported or re-exported aircraft spare parts to Iranian or Sudanese customers, which FSBV either specifically procured from or had repaired in the United States, or that were U.S-origin and required the issuance of a license by a Federal agency at the time of shipment.

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