Air Transport World

Financial affairs

The U.K. TI Group completed the sale of its landing gear interests to Snecma of France for a gross consideration of [pounds]207 million ($330 million); Sun-world, 4th-largest UK tour operating group, acquired Flying Colours, 5th largest, for an undisclosed sum and Errol Cossey was appointed chairman of the combined aircraft fleet, numbering 14; KIM is selling its stake in U. …

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