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Textron Acquires Australian MRO, Expanding APAC Service

 - January 7, 2020, 5:55 AM
From left to right, Premiair Aviation engineering manager Andrew Ross, Premiair managing director Paul Montauban, Textron Aviation senior v-p of global customer support Kriya Shortt, and Textron Aviation v-p and general manager of APAC service Gabriel Massey. (Photo: Textron Aviation)

Nearly 11 months after expanding Premiair Aviation Maintenance’s authorized service, Textron Aviation has acquired the Australia-based MRO’s three locations in a bid to boost its service offerings in the Asia-Pacific region, the Wichita airframer announced yesterday. “Throughout the past year, we substantially increased our regional footprint, capabilities and parts availability,” said Textron Aviation senior v-p of global customer support Kriya Shortt. “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.”

Financial terms of the deal were not disclosed. Premiair operates facilities in Melbourne, Coolangatta on the Gold Coast, and Jandakot in Western Australia. From those facilities, Textron Aviation will be able to 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.

In the past year, Textron Aviation has added about $100 million in parts inventory and plans to expand its exchange and overhaul parts by about $30 million this year. It also expanded its parts warehouse in Singapore; added a new parts warehouse in Australia; and named PhilJets Aero Services in Manila as its authorized service facility in the Philippines.