50 SKY SHADES - World aviation news

Dassault Aviation signed an agreement on the acquisition of the European MRO activities of the TAG Aviation Group

Download: Printable PDF Date: 27 Feb 2019 04:47 categories:
Publisher:
Dassault Aviation signed an agreement on the acquisition of the European MRO activities of the TAG Aviation Group  - Finance publisher
Tatjana Obrazcova
Aircraft: Airplanes

Dassault Aviation and TAG Aviation announced the acquisition of the European maintenance activities of TAG Aviation Group by Dassault.

The integration of those activities will take place over the next few months, once all necessary authorizations have been received. 

The acquisition of the maintenance activities of TAG AVIATION, a major MRO provider, will allow Dassault Aviation to reinforce its European service center network. With TAG Maintenance Services, we intend to develop further a network of excellence and to support TAG different aircraft clients with the same commitment to service quality, while expanding the share of Falcon maintenance activities controlled by the Dassault Group”, declared Eric Trappier, Chairman and CEO of Dassault Aviation.

We have been working hard over the past twenty years to build up a high quality maintenance organization, specializing in the Dassault and Bombardier product lines”, remarked Mr. Mansour Ojjeh, President of TAG Group, the majority shareholder of TAG Aviation. “During that time we have built a strong relationship with Dassault Aviation, based upon mutual trust and respect. Given the many challenges faced by independent MROs in the current industry environment, we are pleased to sell this segment of TAG Aviation to a respected OEM who values it’s employees and shares TAG’s high business standards”. 



Loading comments for Dassault Aviation signed an agreement on the acquisition of the European MRO activities of the TAG Aviation Group ...


Recommended

New partnership in cargo transportation: DHL Express and SmartLynx Malta

DHL Express and SmartLynx Malta announce the signing of a new partnership agreement for the introduction of two newly converted Airbus A321-200 freighters joining DHL’s European air fleet.&...

A strategic alliance to create Heston Airlines - Genesis and Heston Aviation

Genesis, the Dublin-based aircraft leasing company has formed an alliance with Heston Aviation, to build and launch Heston Airlines. Heston Airlines will be a newly established Lithuanian headquartere...

T-7A Red Hawk advanced training jet production begins

A new era in aircraft design and build has begun as the first U.S. portion of the T-7A Red Hawk advanced trainer has officially entered the Boeing jet’s state-of-the-art production line.&nb...

Flyschool Air Academy renews its confidence in ALSIM with a second AL250

Flyschool Air Academy in Spain renews its confidence in ALSIM in acquiring a second AL250 simulator for its new base in Mallorca.The AL250 simulator addresses initial phase training needs (PPL, CPL, I...