BBA Aviation to sell Ontic

FlightGlobal | August 01, 2019

BBA Aviation to sell Ontic
BBA Aviation, the owner of the Signature Flight Support network of business aviation private terminals, has agreed to sell parts distributor Ontic to private equity company CVC for $1.37 billion.Ontic, which BBA acquired for $67 million in 2006, makes and distributes out-of-production components under licence from original manufacturers. It has manufacturing sites in California, North Carolina, New York State, Cheltenham in the UK and Singapore, and supports 39,000 aircraft with 165 licences for more than 7,000 parts.

Spotlight

AIN recently flew the new Embraer Legacy 500 business jet, which features fly-by-wire flight controls. AIN editor Matt Thurber was able to evaluate how the technology is bringing greater safety and operational simplicity to this class of aircraft.


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Spotlight

AIN recently flew the new Embraer Legacy 500 business jet, which features fly-by-wire flight controls. AIN editor Matt Thurber was able to evaluate how the technology is bringing greater safety and operational simplicity to this class of aircraft.

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