Asesa Selects Able as Exclusive Repair and Overhaul Provider

June 19, 2018

Long-term agreement supports Bell 212 and 412 fleet across Mexico

MESA, Arizona (June 19­, 2018) – Mexico-based Aeroservicios Especializados S.A. de C.V. (ASESA) and Able Aerospace Services, a Textron Inc. (NYSE: TXT) company, have signed an agreement making Able the exclusive provider of component repairs, overhauls and exchanges for ASESA helicopters in Mexico – a fleet that includes a significant contingent of Bell 412 aircraft.

The agreement also provides ASESA with preferred access to Able’s world-class, OEM-approved exchange pool, offering expedited solutions for scheduled, unscheduled and AOG maintenance scenarios.

“Able’s capabilities are very well matched with ASESA’s fleet maintenance requirements,” said Able Aerospace Services General Manager Gabriel Massey. “We have enjoyed a strong relationship with ASESA for many years, and look forward to putting our resources to even greater use to serve its customers – many of which are the foundation of the region’s oil and electric power industry.”

Founded in 1977, ASESA provides MRO services and specialized onshore and offshore helicopter air transportation, cargo transportation, aerial supervision and filming with one of the most modern helicopter fleets in Mexico. The company operates bases for maintenance and service in six locations across the country: Del Carmen City, Monterey, Mexico City, Tampico, Toluca and Veracruz.

Able will offer ASESA broad component repair, overhaul and exchange services, including some of the world’s most extensive solutions for Bell 212 and 412 dynamic components within the main rotor hub, tail rotor hub and transmission.

The ASESA agreement is Able’s latest move to expand its support of helicopter fleets in Latin America and maximize the value of its position as an approved Bell Service Center, offering FAA-approved repairs, exchanges and in-house specialized services. All in-house work is completed by a collaborative staff of mechanics, engineers, DER experts and customer service specialists from Able’s 200,000-square-foot headquarters located at Phoenix Mesa Gateway Airport in Mesa, Arizona.

About Able Aerospace Services
Able Aerospace Services is a leading supplier of component MRO, approved replacement parts and completion services. With headquarters and maintenance facilities on the Phoenix-Mesa Gateway Airport (KIWA) in Mesa, Arizona, Able's products and services support almost 1,500 commercial and military fixed- and rotor-wing aviation customers in more than 60 countries. Able combines 32 years of aviation experience with a staff of approximately 400 employees to accomplish its mission: To safely reduce aircraft operating costs by providing resourceful component repair, overhaul and approved replacement parts solutions. Able is an approved Bell Helicopter Service Center and certified by numerous airworthiness authorities including the FAA, EASA, ANAC, CAAC, JCAB, DGCA and others.

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. For more than 90 years, the Textron Aviation brands have represented unrivalled innovation, performance and leadership in the industry, offering 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 143 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 txtav.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.

Connect with Textron IR

David Rosenberg, Vice President, Investor Relations
(401) 457-2288
Kyle Williams, Manager, Investor Relations
(401) 457-2288

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