Boeing to acquire Aviall

Aviation International News » June 2006
September 19, 2006, 10:24 AM

Aviall has agreed to be purchased by The Boeing Company for a reported $48 per share ($1.7 billion). The acquisition comes with about $350 million in debt. Aviall will become part of Boeing’s Commercial Aviation Services but will operate as a wholly owned subsidiary.

Aviall’s parts ordering and supply-chain management capabilities will also be used by Boeing’s integrated defense systems’ support systems. ILS, a comprehensive neutral eMarketplace in the aviation and defense industries, will remain a wholly owned, separately operated unit reporting to Aviall. The completion of the transaction is estimated to occur by the end of the third quarter.

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