Dassault Aviation to acquire ExecuJet MRO operations
French private aircraft manufacturer Dassault Aviation has entered into an agreement with Luxaviation, a Luxembourg business aviation operator, to acquire its subsidiary ExecuJet, a maintenance service provider. The transfer of the technical center will be completed in 2019 after all administrative permits have been obtained, the parties report.
The chairman and CEO of Dassault Aviation, Erik Trapier, said that the purchase of ExecuJet, which specializes in servicing business jets, will strengthen the position of the aircraft manufacturer, especially in the Pacific, Oceania, the Middle East and Africa. The development of the Dassault Aviation customer support network will go along with the expansion of the Falcon business jets market.
Provider ExecuJet, certified by American and European aviation authorities, has permission, including maintenance of a number of models of the Falcon family.
ExecuJet provides maintenance support capabilities for a variety of executive aircrafts in 42 states. Its specialized fuselage, design and avionics services are certified by the FAA and / or EASA.
Graeme Duckworth, executive vice president MRO services Luxaviation Group, will continue to lead the MRO activities under the new shareholder. “ExecuJet will maintain its identity and its leadership. We will benefit from valuable synergies within the Dassault Group,” he said.