Precision Aviation Acquires World Aviation

Precision Aviation Group (PAG), an MRO provider and aircraft and helicopter supplier to the civil and defense markets, announced today its acquisition of Toronto-based World Aviation Corporation (WAC). The move expands Atlanta-based PAG’s MRO capabilities in electric motor subcomponent repairs.

“Our investment in WAC…will vastly increase the number of capabilities we have to reduce the costs associated with providing MRO services to our customer base,” said PAG president and CEO David Mast. “Additionally, WAC expands our footprint in Canada with the addition of this second location in Toronto and will be able to enhance support of our customer base in this region of Canada.”

WAC, which repairs and modifies electrical generator and motor subcomponents used in civil and military aircraft, has been a supplier to PAG for nearly 20 years. “Now as a part of PAG, we will significantly expand our product and service offerings by making significant investments in new products, processes, and repair capabilities,” said WAC president Moty Zeharia. “We have worked closely with the management team of PAG throughout the acquisition process and believe that this partnership will provide significant benefit to our customers, vendors, and employees.”