Move 'Critical' To Growth In The Asia Pacific Region, CEO Says

MAG Aerospace (MAG) has acquired two Australia-based entities; Encore Aviation and Encore Helicopter Maintenance ("Encore Aviation").

Encore Aviation is a leading maintenance organization supporting General Aviation in Australia and provides home base and deployed engineering and maintenance services to a wide variety of fixed and rotary wing aviation organizations including those contracted to the National Aerial Firefighting Center in Melbourne.  MAG Australia enhances support to its existing customer-base with this capability while growing its commercial potential and supporting its existing manned and unmanned ISR capabilities in the Asia-Pacific.

Encore Aviation has held an Australian Maintenance Certificate of Approval since its inception in 2002. Over the last 16 years, it has grown in personnel and service offerings to enable mission success with its mobile maintenance support servicing capability to maintain any fixed or rotary wing platform in the field.

"Encore's location and existing capabilities gives us the essential tools and positioning in a growing Australian market," said MAG CEO, Joe Fluet. "This acquisition is critical to MAG's planned growth in Asia Pacific region."

(Source: MAG Aerospace news release)

FMI: www.magaero.com