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MAG Aerospace Acquires North Carolina-Based Time Saver Aviation to Expand Customer Base
Thursday 22 August 2019

22 August 2019 - Virginia, US-based aviation specialist MAG Aerospace has acquired North Carolina, US-based commercial aerial charter and aircraft maintenance services provider Time Saver Aviation, LLC, the company said.
Terms of the transaction were not disclosed.
In addition to maintaining and ultimately growing its existing customer base, Time Saver will now be responsible for maintaining MAG's fixed wing aircraft.
MAG said Time Saver's positioning in the region and existing capabilities allow greater capacity to execute on aerial ISR and training programmes with North Carolina-based government customers.
Time Saver's existing footprint of hangers, equipment, platforms reputation in the region for general aviation will allow MAG to further enhance C4ISR offerings to customers.
MAG Aerospace delivers full spectrum C4ISR Services (integration, operations, training and technical services) and other speciality aviation to federal, international, civilian and commercial customers around the world.
Time Saver, founded in 2002, is an aviation company holding FAA-compliant certifications including Part 135 Air Carrier and Part 145 Repair Station Certifications.
Details
Date Published: 22/08/2019
Target: Time Saver Aviation
Country: USA
Sector: Air Transport
Type: Corporate acquisition
Financing:
Status: Closed
Vendor:
Buyer: MAG Aerospace
Comment:
Terms of the deal were not disclosed

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