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March 2016

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Magnetic MRO has completed the acquisition of MAC Interiors, a UK based aircraft interiors production and engineering company. MAC Interiors operates under EASA Part 21J, Part 21G and Part 145 certificates, and owns STC rights to a number of completed aircraft interior projects. The plan is to develop MAC Interiors into a one stop, independent interiors centre for airlines, asset owners and OEMs.

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ST Aerospace has completed its investment of the additional 20% equity interest in Elbe Flugzeugwerke (EFW). The investment was completed following the receipt of regulatory approvals and fulfilment of a customary conditions precedent. Following this completion, EFW becomes a subsidiary of ST Aerospace, with the latter owning 55% of the shareholding and Airbus holding the remaining 45%. The additional investment saw the launch of the collaboration in June 2015 between Airbus, EFW and ST Aerospace for the A320/A321 passenger-to-freighter (P2F) conversion programmes. This follows a similar collaboration for the A330 P2F conversion programmes launched in 2013.

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UTC Aerospace Systems has signed a global distribution agreement with Satair Group that covers electric systems, environmental and engine control systems, and lighting systems for mid and small-sized customers. Under the terms of the agreement, Satair Group will assume responsibility for aftermarket sales support and distribution of selected products and systems manufactured by UTC Aerospace Systems.

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