Boeing and Safran to form joint venture for auxiliary power units

Boeing and Safran announced a partnership to establish a 50/50 joint venture to produce auxiliary power units (APUs) for aircraft. The deal is expected to close in the second half of 2018, subject to regulatory approvals.

“This strategic partnership will leverage Boeing's deep customer and airplane knowledge along with Safran's experience in designing and producing complex propulsion assemblies.”xinhuanet.com

• 2 sources
• xinhuanet.comBoeing, Safran announce partnership to establish joint venture to produce auxiliary power units - Xinhua | English.news.cnJun 5, 2018
• publications.europa.euC_2018203EN.01001801.xmlJun 13, 2018

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