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Air Espana awards maintenance contract to Precision Standard unit.


DENVER--(BUSINESS WIRE)--June 7, 1996--Matthew L. Gold, chairman and chief executive officer of Precision Standard Inc. (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
:PCSN PCSN Private Circuit-Switching Network
PCSN Seaman, Postal Clerk Striker (Naval Rating) 
), announced today that the company's Pemco World Air Services A/S (Copenhagen, Denmark) subsidiary has contracted with Air Espana S.A. (Air Europa Air Europa Líneas Aéreas, S.A. is an airline based in Palma, Majorca, Spain. It operates inclusive tour services between northern and western Europe and holiday resorts in the Canary Islands and Balearic Islands. ) of Palma de Mallorca Palma is the major city and port on the island of Mallorca and capital city of the autonomous community of the Balearic Islands in Spain. It is situated on the south coast of the island on the Bay of Palma. , Spain, for the line maintenance of the airline's Boeing 737 and Boeing 757 aircraft operating out of Gardermoen Airport in Oslo, Norway.

Gold stated that the work would involve the performance of line maintenance, technical support and transit checks in support of the airline's seasonal charter operations out of Norway. He added that this remote location contract further signifies Pemco's presence in and commitment to the growing aviation market in Northern Europe.

Precision Standard, with facilities in Alabama, California, Florida, and Copenhagen, Denmark, performs maintenance and modification of aircraft for the U.S. government and foreign and domestic commercial customers.

The company also provides aircraft parts and support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services  and full-service overhaul and repair for a wide range of engine nacelle-related needs. It also develops and manufactures aircraft cargo systems, aerial targets for military customers, rocket vehicles and control systems, and precision springs and components.

CONTACT: Precision Standard Inc., Denver

Walter M. Moede, 303/292-6565
COPYRIGHT 1996 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jun 7, 1996
Words:201
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