Wed, Nov 25, 2009
Acquisition Moves Company Into The Business Flight Operations
Arena
Rockwell Collins said Tuesday it
intends to acquire AR Group, and its affiliated companies including
Air Routing International, a premier provider of trip support
services for business aircraft flight operations. Terms of the
agreement were not disclosed.
Air Routing has been providing flight departments with trip
planning services for more than 30 years. Recently, the company
extended its offering to give customers comprehensive online access
to its flight support tools. This offering provides customers with
a single-source, global solution for weather services, flight
planning services, fuel arrangements, international trip handling
and concierge services. The company has 240 employees and is
headquartered in Houston, Texas.
"The acquisition of Air Routing will broaden our information
management and aftermarket services offerings," said Rockwell
Collins Chairman, President and CEO Clay Jones. "Air Routing's
strong customer relationships, flight operations support services
and trusted agent network complement our information management
strategy to deliver enhanced value to business aircraft
operators."
"Rockwell Collins' global presence and strong reputation in
business aviation complement Air Routing's offerings, especially
for our new flight support services" said Air Routing Group CEO,
Rudy Fabre. "We're very excited about the opportunity this provides
to deliver even greater value to new and existing
customers."
Rockwell Collins currently provides flight deck, cabin and
information management solutions to business aircraft operators.
The acquisition of Air Routing will extend the company's service
offerings to enable global flight operation support services that
leverage emerging connectivity solutions.
Rockwell Collins will acquire all outstanding shares of AR
Group, Inc. and its affiliated companies. The transaction is
expected to be completed in about 40 days and is subject to
customary conditions to closing, including regulatory and other
approvals.
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