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TAC Air to Buy Supermarine FBO at Clinton National Airport

By Lance Turner, July 15, 2014, Arkansas Business

TAC Air said Tuesday that it has agreed to purchase the assets of Supermarine of Little Rock LLC’s fixed-base operation at Clinton National Airport in Little Rock.

Terms of the deal, including a purchase price, were not disclosed. The companies expect the deal to close in August.

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Dassault Falcon Jet and Aerospace Alliance Featured in Arkansas Money and Politics Magazine

 

High-Altitude Investment

By Eric Francis, Arkansas Money and Politics, July 2014
Antoine Ajarrista, senior vice president and general manager, Dassault Falcon Jet

Antoine Ajarrista, senior vice president and general manager, Dassault Falcon Jet

 

On the north side of the Bill and Hillary Clinton National Airport in Little Rock, Ark., Falcons have come and gone for more than 45 years.

Now the Falcon Jet facility that puts the finishing touches on those airplanes — owned by French aerospace giant Dassault, which had about $6.3 billion in worldwide sales last year — is preparing to build a $60 million expansion that should add decades to their presence in Arkansas.

“We have 30 to 35 planes at a time; today, that is probably the maximum,” said Antoine Ajarrista, Dassault Falcon Jet’s senior vice president and general manager in Little Rock. “We have a million square feet of shops, and we are expanding by 300,000 square feet or a little bit more … it will be complete by the end of 2015.”

That expansion will push the maximum capacity of the facility to up to 90 planes in a year, from about 65 to 67 currently.
Considering a new Falcon Jet can cost from $25 million to $45 million delivered — including the interior being completely finished at the Little Rock facility — that represents a significant shot in the arm to the state’s aerospace economy.

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