The future of both the aero-structures and structural engine component businesses belongs to an elite group of so-called Super Tier 1 suppliers/strategic partners.
Mergers and acquisitions
Charter operator AirNet Systems has expressed “disappointment” at failing to reach a merger agreement with an undisclosed private-equity firm. The firm said it will now focus on “continuing to operate as an independent company,” although it remains open to offers from a “qualified potential acquirer.” Columbus, Ohio-based AirNet operates some 130 business aircraft in passenger charter and small-package delivery operations.
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