Air Transport World

Volvo Aero.(acquires Norsk Jetmotor)(Brief Article)(Statistical Data Included)

Volvo Aero signed a letter of intent to acquire 67% of Norwegian engine component maker Norsk Jetmotor. Sellers are Norway and Kongsberg Group. Pratt & Whitney owns a 22% stake in Norsk Jetmotor, while Snecma owns 11%. …

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