Dassault Aviation and Luxaviation announced on Monday the acquisition by Dassault of the worldwide maintenance activities of ExecuJet, a Luxaviation subsidiary.
The integration process will be phased this year, after administrative authorisations have been obtained.
“The acquisition of ExecuJet’s MRO [maintenance, repair and overhaul] operations will strengthen Dassault Aviation’s global footprint, especially in Asia-Pacific, Oceania, Middle East and Africa. With ExecuJet, we will continue the development of our high-quality customer support network, while growing our Falcon market share,” said Eric Trappier, chairman and chief executive officer of France-based Dassault Aviation.
“Since 1991, the ExecuJet network has gained confidence of clients operating a variety of aircraft types. I am very pleased with this opportunity, to develop our MRO business within the Dassault network”, said Graeme Duckworth, ExecuJet’s MRO executive vice president.
ExecuJet is headquartered in Switzwerland, while its parent Luxaviation is based in Luxembourg.