Directorzone

Aircraft maintenance company for sale

Published by Anonymous

Poster's anonymous footprint
United Kingdom; Private Limited Company; 0-4; Pre-revenue; Start-up; Corporate
on December 17, 2018, 9:00 am in Corporate Offers, Assets

 

IMAGE: courtesy of pixabay.com from Pexels

 

 

The FT reports today that aircraft maintenance company MONARCH AIRCRAFT ENGINEERING (MAEL)  “has been put up for sale by its majority owner, private equity group GREYBULL CAPITAL. …. is in talks with a number of potential buyers about a sale of all or parts of its business. It is the last remnant of Monarch Airlines, which went bust last year after several restructuring attempts. MAEL is based at Luton airport in Bedfordshire and employs about 700 staff.”

 

Customers include:

  • Boeing
  • Cathy Pacific
  • China Airlines
  • DHL
  • easyJet
  • Icelandair
  • Norwegian
  • Polish Airlines LOT
  • Thomas Cook
  • TUI
  • Virgin Atlantic
  • Wizz

Full article:

Monarch Airlines owner puts engineering arm up for sale |Sylvia Pfeifer, FT. December 17, 2018