Ruag purchases Pilatus subsidiary | Aviation International News

Maintenance and Modifications

Ruag purchases Pilatus subsidiary

Swiss group Ruag Aerospace is here at EBACE (Booth No.

By Thomas Stocker

May 9, 2007

Swiss group Ruag Aerospace is here at EBACE (Booth No. 1470) hot on the heels of its purchase of Pilatus Aircraft’s (Booth No. 700) TSA Transairco subsidiary in early April. The sale, the price of which was undisclosed, is retroactive to January 1.
The new owner said it intends to retain all 115 of Transairco’s employees and the management team headed by CEO Jason Mulcock.

Transairco, which operates one of Geneva Airport’s FBOs, is a sales outlet for the Pilatus PC-12 single-engine turboprop for some western European markets and French-speaking Africa, and supports the aircraft it sells. It also is a Dassault-approved Falcon maintenance center and has a paint shop capable of accommodating large executive aircraft. In addition, it is a European center for installing Hawker Beechcraft King Air Blackhawk upgrades. Transairco achieved sales of nearly CHF 50 million ($40 million) in 2006, reporting that as its most profitable year ever.

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