Textron Aviation has acquired Premiair Aviation Maintenance’s three locations as part of its strategy to boost its service offerings in the Asia-Pacific region. The financial terms of the deal have not been disclosed.
“Throughout the past year, we substantially increased our regional footprint, capabilities and parts availability,” said Kriya Shortt, Textron Aviation Senior Vice President of Global Customer Support. “The Premiair team demonstrated their commitment to quality, relationships and customer care as an ASF, and now we are excited to welcome them to Textron Aviation.”
Premiair operates facilities in Melbourne, Coolangatta on the Gold Coast, and Jandakot in Western Australia. By acquiring the company, Textron Aviation will now offer aircraft maintenance and support for its three brands—Beechcraft, Cessna, and Hawker—including avionics services and upgrades; scheduled and unscheduled maintenance; structural and component repair; and overhaul and refurbishment.
Textron Aviation has, over the last year, added about US $100 million in parts inventory and plans to expand its exchange and overhaul parts by about US $30 million in 2020. It has also expanded its parts warehouse in Singapore and added a new parts warehouse in Australia. The company has also named PhilJets Aero Services in Manila as its authorized service facility in the Philippines.
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