Media Relations

Steve Lewis
(520) 294-3481
Slewis@ascentmro.com
www.ascentmro.com
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Ascent Aviation Announces The Opening of It's New 42,000 Sq Ft. Hangar

Tucson, Arizona (January 12, 2015) – Ascent Aviation Services Corporation (“Ascent” or the “Company”) is pleased to announce the opening of a newly constructed 42,000 square-foot hangar at its facility adjacent to the Tucson International Airport. The new hangar doubles Ascent’s heavy maintenance capacity with 100,000 square feet of hangar space designed to accommodate four narrow body aircraft. The new hangar is fully operational, and the Company will begin servicing its customers’ aircraft immediately.

Ascent CEO Joseph Ng said: “The additional hangar capacity will enhance Ascent’s flexibility and efficiency in maintenance, repair and overhaul of aircraft to the exacting high standards that our customers and regulatory authorities expect from us.”

Ascent Chairman John McNamara commented: “The new hangar is instrumental to Ascent’s growth strategy, which will enable the Company to continue to provide additional quality and reliable MRO services to a wide range of private and commercial narrow body aircraft.”

Ascent Aviation strives to become the premier narrow body MRO in North America by providing highly flexible customer service, compelling value and the industry’s highest standards of quality and safety. Ascent performs heavy maintenance services, aircraft modification, transition and refurbishment work, aircraft storage and reclamation services, and consigned part sales. Ascent has received FAA certification to perform heavy maintenance checks for A319, A320, A321, B717, B727, B737, B757, CRJ 100/200, DC 9, MD80 and MD90 aircraft. Ascent has a footprint that consists of 30 acres of concrete ramp area, nearly 100,000 square feet of hangar space, and 88,000 square feet of shop and secured consignment space in an ideal desert climate. Ascent is a portfolio company of LongueVue Capital, a value-oriented private equity firm with offices in New Orleans, New York and Salt Lake City (www.lvcpartners.com).

For inquiries, please contact Joseph Ng at (520) 294-3481 or jng@ascentmro.com

For more information on Ascent Aviation, please visit our website: www.ascentmro.com