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Tag Archives: Universal Asset Management

Tupelo City Council approves $500K for airport taxiway

TUPELO — The Tupelo City Council has voted to provide money toward a matching state grant awarded to build a long-discussed taxiway at Tupelo Regional Airport. The project last fall was estimated to cost $1.2 million and would have repaired the old runway and taxiway. This new project will build a parallel taxiway to the crumbling runway. The city council ...

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Tupelo plant receives 3 Airbus planes for disassembly

TUPELO, Mississippi — Three aircraft have destined for disassembly and sale have arrived at the Universal Asset Management facility in Tupelo, according to a release from the Memphis-based firm. An Airbus A300 previously operated by Monarch Airlines, an Airbus A330 previously operated by Malaysia Airlines, and an Airbus A340 previously operated by Lufthansa will be inducted into UAM’s End-of-Life Recycling ...

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Jumbo jets damage runway; repairs could cost $700K

TUPELO — Even without passengers, cargo or fuel, a Boeing 747 weighs 400,000 pounds. Universal Asset Management, the aircraft recycling company, has landed several of them at Tupelo Regional Airport in the past two years. The company takes apart the retired air titans — and other large planes — at its disassembly operation at the airport and sells the engines ...

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Soper picked as GM

Dana Soper has been named general manager of Universal Asset Management’s (UAM’s) new Tupelo facilities. Soper will oversee operations at UAM’s disassembly and warehouse facilities, totaling over 450,000 square feet and 39 acres of facility space.

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