UK aerospace supplier Cobham bought for £4 billion

UK aerospace supplier Cobham will be bought by US firm Advent International for approximately £4 billion. The firm makes critical components for plane maker’s including Airbus, employing more than 10,000 people. In a statement, Jamie Pike, Cobham chairman, said it...

German Aircraft Maintenance GmbH files for insolvency

It has been announced that German Aircraft Maintenance GmbH (GAM) has had to file for insolvency at the beginning of June 2019, due to what is being described as “economic reasons”. Hans-Achim Ernst was appointed as provisional insolvency administrator. After...
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