Announced
Financials
Sources
Tags
Domestic
Joint Venture
Singapore
Single Bidder
Consumer Services: Other
pilots training services
Private
Majority
Pending
Friendly
Synopsis
Airbus, a multinational aerospace corporation, and Singapore Airlines, a carrier airline of Singapore, agrred to form a joint venture. The JV, named Airbus Asia Training Centre, is 55% owned by Airbus, while Singapore Airlines will own the remaining 45% stake. "This facility is not just about pilots’ type rating and recurrent training. It also will be a centre of excellence that will look into research and development of training methods and technologies," Goh Choon Phong, Singapore Airlines CEO.
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.