DeCrane Aerospace has signed an agreement to sell the assets and certain liabilities of its cabin management business to Goodrich Corp. for approximately $280 million. The DeCrane unit has been a provider of seating, furniture, veneers, interior composites and cabin management systems for business jets. DeCrane also has signed an agreement with a majority of its lenders and stockholders to restructure PATS Aircraft Systems, a stand-alone business that specializes in executive aircraft ...
THIS CONTENT REQUIRES SUBSCRIPTION ACCESS
You must have an Aviation Week Intelligence Network (AWIN) account or subscribe to this Market Briefing to access "DeCrane Aerospace To Sell Cabin Management Business To Goodrich".
Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.
Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.