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Precision Aviation Group (PAG) Launches New Business Rotorcraft Services Division at Gardner Aviation Services (GAS)

ATLANTA, Feb. 9, 2012 (GLOBE NEWSWIRE) -- Atlanta-based Precision Aviation Group (PAG), a leading provider of products and value-added services to the Worldwide Aerospace and Defense industries, announces the launch of the Rotorcraft Services Division at its subsidiary Gardner Aviation Services (GAS). This Division will provide Helicopter-specific Avionics Upgrades/Installs, Airframe Maintenance, and MRO services at GAS' 35,000 square foot facilities located at the Atlanta Regional Airport (KFFC), in Peachtree City, Georgia.

David Mast, PAG President and CEO said: "We are excited about the launch of the Rotorcraft Services Division. GAS has been performing Avionics upgrades/installs, retrofits, and airframe maintenance on Helicopters for over 18 years. However, similar to our other business units, we wanted to differentiate the Rotary Wing from the Fixed Wing business. Helicopter customers' requirements are typically different from those of their Fixed Wing counterparts. When GAS was acquired in March of 2011, Management knew that it wanted to expand the number of Helicopters that GAS serviced. A void in our geographic market, as well as having a complimentary MRO services business in the Rotary Wing space - Precision Heliparts (PHP) - makes this a natural fit."

Karl Gardner, President of GAS said: "To run the Division, we have hired two Helicopter Industry Veterans – Mark Tyler (formerly of Omniflight) as our Director of Maintenance, and – Richard (Andy) Rucker (formerly of Air Methods) as our QC Manager. This gives us a solid Rotorcraft Team that has already produced outstanding results in a few short months. We have made substantial investments in Helicopter specific tooling and Factory Training for our Technicians on the aircraft they will be servicing. We are excited about the way this business has already grown, and look forward to the future."

About Precision Aviation Group: PAG is a leading provider of products and value-added services to the Worldwide Aerospace and Defense industry. With 150,000 square feet of sales/service facilities in the United States and Canada, PAG uses its distinct business units and customer focused business model to serve aviation customers through two business functions – Aviation Supply Chain and its trademarked Inventory Supported Maintenance, Repair and Overhaul – ISMRO®.

PAG provides MRO and Supply Chain services for Fixed and Rotary-wing aircraft through Precision Heliparts - PHP (www.heliparts.com), Gardner Aviation Services - GAS (www.gardneraviation.com), Precision Accessories & Instruments - PAI (www.precisionaccessories.com), Precision Heliparts Canada – PHP-C (www.heliparts.ca), Precision Accessories & Instruments Canada – PAI-C (www.precisionaccessories.ca), and Aero Technology – ATI (www.aerotechnology.org). PAG has MRO capabilities on over 10,000 products, including Accessories, Avionics, Hydraulics, Instruments, NDT, Starter/Generators, and Wheels/Brakes – (www.precisionaviationgroup.com).



A file accompanying this release is available at http://media.globenewswire.com/cache/18991/file/12495.png

The Precision Aviation Group logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=11615

CONTACT:  Ketan Desai, Vice President - Sales & Marketing
          PH: (404) 767-5800
          FAX: (404) 767-5900

Precision Aviation Group logo

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