Media Relations

Steve Lewis
(520) 294-3481
Slewis@ascentmro.com
www.ascentmro.com
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Ascent Aviation Signs Contract with AerSale

TUCSON, AZ - 10-24-2012 - Ascent Aviation Services Corp. (Tucson, AZ) signed a contract for an undisclosed value with AerSale, Inc. (Coral Gables, FL) for heavy maintenance and refurbishment work on one B737-300, MSN 27910. “Ascent is pleased to continue its long standing relationship with AerSale for Aircraft Transition Services.”- R. Rick Townsend, Sr. V.P. Sales & Business Development.

The ASCENT facilities located at Tucson International Airport consist of 23 acres of concrete ramp, over 34,000 sq ft feet of hangar space along with 88,000 sq ft of backshop and secured consignment space in an ideal desert climate. The FAA and EASA approved repair station specializes in B737 Classic, B737NG, MD80/90, B717 and CRJ 100/200 series aircraft. Ascent performs heavy and line maintenance, modifications, transition, aircraft refurbishment, storage and reclamation services along with consigned part sales. Ascent's workforce has completed more than 530 heavy maintenance and modification visits on the B737 and MD80 fleet types since 2002.

ASCENT's objective is to become the premier narrow body MRO in North America by providing indisputable value complemented by the highest quality professional service. ASCENT is owned by Victory Park Capital, a Chicago based asset management firm with a growing commercial aircraft portfolio.