The former Triumph Group aerostructures business recently acquired by private equity firm Arlington Capital Partners has been rebranded Qarbon Aerospace and could be looking to acquire other assets in the embattled sector.
Based on Airbus’ latest thinking that single-aisle demand will return sooner than expected, the OEM is resuming preparatory work for a new narrowbody final assembly line in Toulouse to be operational by the end of 2022.
Last month, PCX Aerosystems announced it was buying nearby Senior Aerospace Connecticut. This month, Greenbriar Equity Group announced it will buy PCX from RFE Investment Partners.
Airbus CEO Guillaume Faury warned April 29 that there is a “lack of predictability” as to the expected recovery of the industry as trends have diverged in different regions, even though the company posted relatively good results for the first quarter.