Precision Aviation Services announces financing plans for aircraft upgrades

17 July 2014

Airbus Helicopters Inc. said it has partnered with Precision Aviation Services and Government Capital Corp. to provide tax-exempt financing for mission equipment technology upgrades and required major maintenance for law enforcement and government-owned AS350-series helicopters.

Precision Aviation Services, of Peachtree City, Ga., AHI´s newest service centre, will work with AHI and government Capital to provide aircraft systems and avionics upgrades, conduct AS350 12-year airframe inspections and install new mission equipment to enhance the performance of the older helicopters in use with public agencies.

Airbus Helicopters´ AS350-series is the most widely used helicopter by US law enforcement agencies with more than 220 in use across the country.

PAS is a Precision Aviation Group company. Precision Aviation Group (PAG) is a provider of products and value-added services to the worldwide aerospace and defense industry. Its website is at www.precisionaviationgroup.com.

Airbus Helicopters is the US affiliate of Airbus Helicopters, the largest helicopter manufacturer in the world, and a subsidiary of the Airbus Group. The company´s headquarters and main facility are in Grand Prairie, Texas with a large manufacturing and production facility in Columbus, Miss.

Government Capital Corp., located in Southlake, Texas, is a leader in providing professional financing services to local government entities. Its website is at www.govcap.com/.

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