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Top related persons:
Safran - 1 Parker - 1 Spokespeople - 1 Olivier Andries - 1 Rockwell Collins - 1 Greg Hayes - 1 David Carnevali - 1 Louise Heavens - 1
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France New York
Top related orgs:
Safran SA - 1 Raytheon Technologies Corp - 1 Raytheon - 1 United Technologies - 1 Moog Inc - 1 Eaton Corp - 1 Woodward Inc - 1 Hannifin - 1

Search resuls for: "Zodiac Aerospace"


2 mentions found


☆ Safran nears $1.8 billion deal to acquire Raytheon's flight controls unit
  + stars: | 2023-06-14 | by ( David Carnevali | ) www.reuters.com   time to read: +2 min
June 14 (Reuters) - French aerospace engine maker Safran SA (SAF.PA) is nearing an approximately $1.8 billion deal to acquire a Raytheon Technologies Corp (RTX.N) unit that makes flight controls for aircraft, helicopters and missiles, according to a person familiar with the matter. Safran may reach a deal to acquire Raytheon's actuation business that makes flight controls as early as this week, the source said, asking not to be identified because the matter is confidential. Spokespeople for Safran and Raytheon did not immediately respond to requests for comment. Safran said on June 5 it was participating in a "competitive process" for Raytheon's flight controls business, without commenting on the chances of an agreement or the terms of a deal. The Raytheon business will strengthen Safran's ties with Airbus SE (AIR.PA), since it sells into many of its commercial aircraft and has some operations in France.
Persons: Safran, Parker, Spokespeople, Olivier Andries, Rockwell Collins, Greg Hayes, David Carnevali, Louise Heavens Organizations: Safran SA, Raytheon Technologies Corp, Raytheon, United Technologies, Moog Inc, Eaton Corp, Woodward Inc, Hannifin, Bloomberg News, Safran's, French, Zodiac Aerospace, Airbus, U.S ., Rockwell, Collins Aerospace, Thomson Locations: France, New York
☆ How airplane seat refurbishing became a billion-dollar industry
  + stars: | 2023-03-29 | by ( Erin Black | ) www.cnbc.com   time to read: +1 min
The aircraft-interiors market was a $6.5 billion business in 2022, according to AeroDynamic Advisory and Tronos Aviation Consulting. The total seat market was $2.9 billion, with new seats at $933 million, retrofitted seats at $1.39 billion and repairs and other interior items making up the rest of the market. An airline may choose to refurbish seats versus replacing seats based on a few factors which include age of aircraft, age of the actual seats and cost. CNBC visited Latitude Aero, a refurbishment company in Greensboro, North Carolina, to see what goes into giving airplane seats a second life. A small company compared to seat manufacturers like Collins Aerospace and Zodiac Aerospace, Latitude has nonetheless enjoyed some healthy growth recently.
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