Ascent Aviation Announces New Chief Executive Officer
Highly experienced former ST Aerospace executive to lead Ascent through its next phase of growth
TUCSON, Ariz., Nov. 5, 2014 /PRNewswire/ -- Ascent Aviation Services Corporation ("Ascent" or the "Company") is pleased to announce that Joseph Ng is now the Company's new Chief Executive Officer, effective November 1st. Mr. Ng joins Ascent with over 30 years of executive experience in the management of aircraft maintenance and quality systems. Mr. Ng began his career with ST Aerospace in 1990 and after continuous advancement within multiple divisions of the company, he was named President of ST Aerospace's Mobile Division (VT Mobile Aerospace Engineering, previously known as ST Aerospace Mobile) in 2005. During his nine years at VT Mobile Aerospace Engineering, the company's sales grew by 120%. Mr. Ng was responsible for the oversight of 1,300 employees at ST Aerospace's Mobile operations, which included a total of nine hangars, capable of accommodating eight wide body and ten narrow body aircraft simultaneously for heavy aircraft maintenance and aircraft modifications. Mr. Ng served six years in the Republic of Singapore Airforce and received his degree in Mechanical Engineering at the National University of Singapore.
Joseph Ng said: "I am honored to have been selected to serve as CEO of Ascent Aviation and look forward to driving growth with the Ascent team and furthering its reputation for providing reliable and exceptional service to its customers in the narrow body MRO market."
Ascent Chairman John McNamara commented: "We consider ourselves fortunate to attract an MRO executive with the breadth and depth of experience of Joseph Ng. As we near the end of construction of a new 45,000 sq ft hangar, Joseph will provide valuable strategic direction and leadership while the Company doubles its heavy maintenance capacity and enhances its existing service capabilities."
Joseph Ng will succeed Michael Melvin, who joined Ascent as President and Chief Financial Officer in 2010. Effective with the transition, Mr. Melvin will dedicate full attention to the CFO function of the Company.
Ascent Aviation strives to become the premiere narrow body MRO in North America by providing highly flexible customer service, compelling value and the industry's highest standards of quality and safety. Ascent performs heavy maintenance services, aircraft modification, transition and refurbishment work, aircraft storage and reclamation services, and consigned part sales. Ascent has received FAA certification to perform heavy maintenance checks for A319, A320, A321, B717, B727, B737, B757, CRJ 100/200, DC 9, MD80 and MD90 aircraft. Ascent has a footprint that consists of 43 acres of concrete ramp, nearly 80,000 sq ft feet of hangar space with the new hangar, and 88,000 sq ft of shop and secured consignment space in an ideal desert climate. Ascent is a portfolio company of LongueVue Capital, a value-oriented private equity firm with offices in New Orleans, New York and Salt Lake City (www.lvcpartners.com).
For more information on Ascent Aviation, please visit our website: www.ascentmro.com
SOURCE Ascent Aviation Services Corporation
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