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 multi year partnership - FAI Aviation Group & McLaren Racing

Business aviation and Formula 1, sounds tempting? In that case, here you have more details regarding a fresh partnership just signed between FAI Aviation Group and McLaren Racing! FAI w...

An innovative subscription-based travel solution - TravelPass by Etihad Airways

An innovative travel solution initially aimed at corporate and frequent travellers which will launch later this year new partnership between Etihad Airwyas and Norwegian technology developer Braa...

One more acquisition of Avia Solutions Group - Aviator

The portfolio of Avia Solutions Group became larger, as an angreement is signed to acquire Aviator, a full-range aviation services provider for the Nordic region, from the investment fund Accent...

United Aircraft Corporation released Civil Aircraft Market Overview for ASEAN

The ASEAN countries would purchase more than fourteen thousand new commercial aircraft at a total value of 625 billion US dollars (in current catalog prices) till 2038. This is stated in the "Mar...