Story ID: 
Hawker Pacific To Acquire Aeromil Pacific
By: David A. Lombardo
Caption: Acquisition positions Hawker Pacific to tap into regional growth.
Word Count: 214
Hawker Pacific has reached an agreement to acquire Aeromil Pacific for an undisclosed amount. The latter, a 35-year-old Sydney-based company, specializes in Cessna aircraft sales, pre-owned aircraft sales, aircraft maintenance, parts support, aircraft management, charter services and pilot training. "The combined business will also benefit from an enhanced product portfolio, providing access to the range of Textron’s iconic products such as Beechcraft, Cessna and Bell Helicopter under one roof," according to Hawker Pacific.

“The acquisition positions Hawker Pacific to capitalize on the substantial growth of aviation services throughout the Asia-Pacific region while boosting the quality of service provided by both organizations,” said Hawker Pacific CEO Alan Smith.

Plans call for Steve Padgett, Aeromil Pacific’s principal, to join Hawker Pacific as deputy chairman, Hawker Pacific Australia. "Steve recognizes the importance of placing a high priority on customer service and innovative marketing and will oversee the sales drive of Cessna within Australia and New Zealand, continuing his close relationships with the group going forward," Smith said. Padgett will also continue his positions as chairman of Alliance Aviation Services, director and life member of the Regional Aviation Association of Australia, chairman of the Australian Aviation Hall of Fame and a member of the Australian Air Force Cadets National Council.