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 be a paid subscriber 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.

Already registered? here.