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-04.29.24

Airborne-Unlimited-04.23.24

 Airborne-Unlimited-04.24.24 Airborne-FltTraining-04.25.24

Airborne-Unlimited-04.26.24

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-Term (04.30.24): Runway Centerline Lighting

Runway Centerline Lighting Flush centerline lights spaced at 50-foot intervals beginning 75 feet from the landing threshold and extending to within 75 feet of the opposite end of t>[...]

ANN's Daily Aero-Linx (04.30.24)

Aero Linx: Air Force Global Strike Command Air Force Global Strike Command, activated August 7, 2009, is a major command with headquarters at Barksdale Air Force Base, Louisiana, i>[...]

Airborne 04.24.24: INTEGRAL E, Elixir USA, M700 RVSM

Also: Viasat-uAvionix, UL94 Fuel Investigation, AF Materiel Command, NTSB Safety Alert Norges Luftsportforbund chose Aura Aero's little 2-seater in electric trim for their next gli>[...]

Airborne 04.29.24: EAA B-25 Rides, Textron 2024, G700 Deliveries

Also: USCG Retires MH-65 Dolphins, Irish Aviation Authority, NATCA Warns FAA, Diamond DA42 AD This summer, history enthusiasts will have a unique opportunity to experience World Wa>[...]

Airborne-NextGen 04.23.24: UAVOS UVH 170, magni650 Engine, World eVTOL Directory

Also: Moya Delivery Drone, USMC Drone Pilot, Inversion RAY Reentry Vehicle, RapidFlight UAVOS has recently achieved a significant milestone in public safety and emergency services >[...]

blog comments powered by Disqus



Change Display

Headlines Only | Headlines w/ Teasers | View Everything

Advertisement

Top Videos

Airborne Affordable Flyers 05.02.24: Bobby Bailey, SPRG Report Cards, Skydive!

Airborne 05.01.24: WACO Kitchen, FAA Reauthorization, World Skydiving Day

Airborne-NextGen 04.30.24: Skydweller Flies, Cassio 330, UAV Design Competition

See All

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC