Presidential Air Acquires Certified Aviation Parts, Inc. | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-06.23.25

Airborne-NextGen-06.24.25

AirborneUnlimited-06.25.25

Airborne-AffordableFlyers-06.26.25

AirborneUnlimited-06.27.25

Wed, Feb 19, 2003

Presidential Air Acquires Certified Aviation Parts, Inc.

Acquisition Results in Addition of 4.4 Million Dollars in Net Assets

Presidential Air Corporation has announced the acquisition of Certified Aviation Parts, Inc., a San Diego based, aircraft parts sales company.

Certified Aviation Parts, Inc. is engaged in the disassembly and parting-out of aircraft systems, flight controls, engines, and avionics for resale. "We entered into a Letter of Intent to acquire Certified Aviation Parts on January 27 and are proud to announce that the 'Agreement and Plan of Acquisition' was officially signed today formally completing the acquisition," said Paul Harbison, Presidential Air's CFO. "We are elated to be officially entering this billion dollar worldwide industry and welcome the expansion of our operations. This acquisition brings substantial revenue opportunities to the company and, we believe, long-term value to our shareholders," added Mr. Harbison.

FMI: www.presidentialair.com

Advertisement

More News

ANN's Daily Aero-Linx (06.29.25)

Aero Linx: Transport Canada We are a federal institution, leading the Transport Canada portfolio and working with our partners. Transport Canada is responsible for transportation p>[...]

ANN's Daily Aero-Term (06.29.25): Gross Navigation Error (GNE)

Gross Navigation Error (GNE) A lateral deviation from a cleared track, normally in excess of 25 Nautical Miles (NM). More stringent standards (for example, 10NM in some parts of th>[...]

Classic Aero-TV: Anticipating Futurespace - Blue Origin Visits Airventure 2017

From AirVenture 2017 (YouTube Edition): Flight-Proven Booster On Display At AirVenture… EAA AirVenture Oshkosh is known primarily as a celebration of experimental and amateu>[...]

NTSB Final Report: Cirrus SR22

Aircraft Parachute System (CAPS) Was Deployed About 293 Ft Above Ground Level, Which Was Too Low To Allow For Full Deployment Of The Parachute System Analysis: The day before the a>[...]

Airborne Affordable Flyers 06.26.25: PA18 Upgrades, ‘Delta Force’, Rhinebeck

Also: 48th Annual Air Race Classic, Hot Air Balloon Fire, FAA v Banning 100LL, Complete Remote Pilot The news Piper PA-18 Super Cub owners have been waiting for has finally arrived>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2025 Web Development & Design by Pauli Systems, LC