Tucson’s Ascent Aviation a growing presence at TIA
Tucson’s Ascent Aviation a growing presence at TIA
David Wichner Arizona Daily Star | Posted: Sunday, February 26, 2012 12:00 am
More than two years after being formed from the bankruptcy assets of one of Tucson’s oldest aircraft-maintenance operations, Ascent Aviation Services is flying high.
Since taking over the operations of the former Hamilton Aerospace Technologies in 2009, Ascent has upgraded operations at Tucson International Airport and nearly doubled its work force.
Focused on providing nose-to-tail certified maintenance on Boeing 737 and McDonnell Douglas MD-80 narrow-body jets, Ascent had revenues of about $10 million in 2010, said Michael Melvin, the company’s president and chief financial officer.
Last year, Ascent boosted revenues to about $15.5 million, and, with a strong backlog of work, it expects more growth this year, Melvin said.