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20/01/2017

Purchase of two ATR42-300 QC’s from the restructuring of PASCAN Aviation

Following a court appointed restructuring of Pascan Aviation, Montreal, Quebec, which saw the airline file for creditor protection (a process similar to US Chapter 11 bankruptcy filing), Executive Jet Support agree terms to purchase two ATR42-300 Quick Change aircraft from Pascan Aviation. The transaction, handled by PricewaterhouseCooper and vested by the Superior Court of Quebec, saw Executive Jet Support take delivery of both aircraft at St Hubert airport, Montreal. The aircraft have been made available for resale.

About Executive Jet Support Ltd

Executive Jet Support is a global leader in commercial and executive aviation component support. Headquartered west of London Heathrow airport, the 20,000 square foot distribution centre 2 acre site provides support to airlines and VIP operators around the globe on a 24 hour basis, offering high quality aerospace components for sale, exchange or loan. Executive Jet Support is proud to support over 200 customers in nearly 40 countries worldwide.