Textron Aviation Adds Three Company-Owned Service Centers in APAC With Premiair Aviation Acquisition

Textron Aviation Inc., a Textron Inc. (NYSE:TXT) company, is strengthening its Asia Pacific (APAC) service offerings with the Textron Inc. acquisition of Premiair Aviation Maintenance Pty Ltd, an Australian Maintenance, Repair and Overhaul (MRO) service provider. Previously named an Authorized Service Facility (ASF), Premiair now joins the Textron Aviation company-owned global support network to service Beechcraft, Cessna and Hawker products at service center locations strategically located throughout Australia.

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Textron Aviation and Premiair Aviation Maintenance leaders celebrate the acquisition of the Australian service provider. The Premiair team joins Textron Aviation’s Global Customer Support organization, led by Kriya Shortt. Left to Right: Premiair Engineering Manager Andrew Ross, Premiair Managing Director Paul Montauban, Textron Aviation Senior Vice President of Global Customer Support Kriya Shortt, Textron Aviation Vice President and General Manager of APAC Service Gabriel Massey (Photo: Business Wire)

“Textron Aviation has been steadily investing in service options for the Asia Pacific region to ensure customers flying all Textron Aviation aircraft receive the exceptional support they expect,” said Kriya Shortt, senior vice president of Global Customer Support at Textron Aviation. “Throughout the past year, we substantially increased our regional footprint, capabilities and parts availability. The Premiair team demonstrated their commitment to quality, relationships and customer care as an ASF, and now we are excited to welcome them to Textron Aviation.”

Premiair operates in strategic locations across Australia, including Melbourne, Gold Coast (Coolangatta), and Western Australia (Jandakot). The company’s footprint spans major markets in Australia and will allow Textron Aviation customers in the region close access to industry-leading aircraft maintenance and support, including avionics services and upgrades, scheduled and unscheduled maintenance, structural and component repair and overhaul and refurbishment.

The acquisition of Premiair follows other Textron Aviation investments in APAC, including a service and parts room expansion at the Singapore Service Center, an increase in the number of regional field service representatives, the opening of a new parts warehouse in Australia, and the establishment of a new service location in Manila. The company also continued to invest in mobile service units (MSUs) and grew the specially outfitted fleet of maintenance trucks to 75 units worldwide.

About Textron Aviation Inc.

Textron Aviation Inc. is the leading general aviation authority and home to the Beechcraft, Cessna and Hawker brands, which account for more than half of all general aviation aircraft flying. The Textron Aviation brands represent unrivalled innovation, performance and leadership in the industry, and offer an unmatched value proposition rooted in the total ownership experience. Leveraging unparalleled speed-to-market, Textron Aviation provides the most versatile and comprehensive business and general aviation product portfolio in the world through five principal lines of business: business jets, general aviation and special mission turboprop aircraft, high performance piston aircraft, military trainer and defense aircraft and a complete global customer service organization. Textron Aviation has delivered more than 250,000 aircraft in over 170 countries. Its broad range of products include such best-selling aircraft as Citation business jets, King Air and Caravan turboprops and T-6 military trainer aircraft, all of which are backed by the industry’s most capable global service network. For more information, visit www.txtav.com.

About Textron Inc.

Textron Inc. is a multi-industry company that leverages its global network of aircraft, defense, industrial and finance businesses to provide customers with innovative solutions and services. Textron is known around the world for its powerful brands such as Bell, Cessna, Beechcraft, Hawker, Jacobsen, Kautex, Lycoming, E-Z-GO, Arctic Cat, Textron Systems, and TRU Simulation + Training. For more information, visit: www.textron.com.

Certain statements in this press release are forward-looking statements which may project revenues or describe strategies, goals, outlook or other non-historical matters; these statements speak only as of the date on which they are made, and we undertake no obligation to update or revise any forward-looking statements. These statements are subject to known and unknown risks, uncertainties, and other factors that may cause our actual results to differ materially from those expressed or implied by such forward-looking statements.

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