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MONTREAL - ExelTech Aerospace Inc. ("ExelTech" or
the "Company") (TSX Venture: XLT), a leading aircraft maintenance, repair and
overhaul (MRO) provider with operations in Montreal and Quebec City,
announced today having signed a long-term agreement with Saab Aerotech of
America LLC of Sterling, Virginia, currently making ExelTech the sole
authorized service center in North America for the maintenance of the SAAB
340 aircraft type.
Saab has long sought a reliable source of maintenance for its North
American, Latin American and Caribbean operators and has always seen ExelTech
as displaying both the technical expertise and service level focus, expected
by Saab to properly serve its clients in the region.
"Saab Aerotech is pleased to announce its choice of ExelTech Aerospace of
Montreal, as its Saab-authorized service centre in North America. We
recognize ExelTech's experience and expertise on the SAAB 340 aircraft, as
well as its proximity to one of the largest aviation and aerospace sectors in
North America. This makes them a clear choice to represent Saab in the
region," said Robert Kline, VP Operations at Saab Aerotech of America in
Sterling, Virginia.
"I am pleased that Saab has recognized our expertise and quality through
this new agreement that will allow ExelTech to provide a factory approval for
heavy maintenance on the SAAB 340 aircraft in North America, Latin America
and the Caribbean," said Sylvain Duval, President and Chief Executive Officer
at ExelTech.
About Saab
Saab serves the global market with world-leading products, services and
solutions ranging from military defense to civil security. Saab has
operations and employees on all continents and constantly develops, adopts
and improves new technology to meet customers' changing needs. Saab Aerotech
is a business unit within the Saab Group.
About ExelTech Aerospace Inc.
The third-largest commercial airframe Maintenance, Repair, and Overhaul
(MRO) vendor in Canada, ExelTech Aerospace is listed on the TSX Venture
Exchange and trades under the symbol XLT. The Company holds Transport Canada,
US Federal Aviation Administration (FAA), European Aviation Safety Agency
(EASA) and Bermuda Department of Civil Aviation (BDCA) approvals to maintain
a range of aircraft and associated structures, components and systems.
Aircraft models serviced by ExelTech Aerospace include Embraer ERJ 135-145
family, E-Jet 170/190 family, and Bombardier CRJ regional jets; ATR-42 and
72, Bombardier Dash-8 and Saab 340 regional turboprops; and Boeing 737 narrow
bodies.
With 310,000 square feet of hangar, shop and office space in three
facilities in Montreal and Quebec City, ExelTech Aerospace Inc. provides
maintenance repair and overhaul services to airlines in Canada, the USA and
25 other countries around the world.
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