Piedmont Airlines (1948–1989)

TAT Technologies signs a 5-year contract extension with a global air carrier for APU MRO services with an estimated revenues of $50 million

Retrieved on: 
Monday, February 6, 2023

This contract extension is a result of a very successful partnership between the companies over the last 5 years.

Key Points: 
  • This contract extension is a result of a very successful partnership between the companies over the last 5 years.
  • As part of this contract, TAT will provide MRO services to the airline's GTCP331 model APUs.
  • TAT estimates revenues from this contract to be $50 million ($10 million per year).
  • By extending this contract, TAT Piedmont is now clearly the global market leader in MRO for the 331-series APU to the leading air carriers.

Piedmont Advantage Credit Union launches youth program

Retrieved on: 
Thursday, August 18, 2022

Now as a PACU Community Development Executive, Semones recently introduced to the credit union's membership the PACU Youth Program and its mascot, Al Pacu, of the alpaca family.

Key Points: 
  • Now as a PACU Community Development Executive, Semones recently introduced to the credit union's membership the PACU Youth Program and its mascot, Al Pacu, of the alpaca family.
  • It never occurred to me these sketches and an idea would lead to our launching a comprehensive youth program with built-in parental involvement and account features of rewards, safeguards and benefits for our youth," Semones said.
  • When pronounced, alpaca sounds remarkably similar to the credit union's acronym, PACU (pack-you), and the mascot's combined first and last name, Al Pacu.
  • In 1949, Piedmont Aviation formed the credit union to help its employees and employees of its subsidiary, Piedmont Airlines, establish savings and secure affordable credit.

Piedmont Advantage Credit Union formally dedicates the opening of its Smith Reynolds Airport ATM

Retrieved on: 
Tuesday, October 26, 2021

WINSTON-SALEM, N.C., Oct. 26, 2021 /PRNewswire/ -- Piedmont Advantage Credit Union held a ceremonial ribbon cutting today in celebration of the relocation of its Liberty Street ATM to the entrance of Smith Reynolds Airport.

Key Points: 
  • According to Piedmont Advantage's President & CEO Dion Williams, Piedmont Advantage and Smith Reynolds Airport have a long history together.
  • "Formerly Piedmont Aviation Credit Union, Piedmont Advantage was formed in 1949 when one of Piedmont Aviation's divisions, Piedmont Airlines, saw a need to provide small loans and savings accounts to employees of Piedmont Airlines and eventually to all Piedmont Aviation employees.
  • Since the airport's humble beginnings, Piedmont Aviation and our credit union have evolved as the airport as evolved," Williams said.
  • "Piedmont Aviation and Piedmont Airlines are no longer, due mergers and acquisition, but their legacies live on through Piedmont Advantage Credit Union.