CEDAR RAPIDS, Iowa (January 04, 2010)Â -Â Rockwell Collins, Inc. (NYSE: COL) has completed the acquisition of AR Group, Inc., and its affiliated companies, including Air Routing International, a premier provider of trip support services for business aircraft flight operations.
Under the terms of the agreement, Rockwell Collins will acquire all outstanding shares of AR Group, Inc. and its affiliated companies. The acquisition is expected to be neutral to Rockwell Collins’ fiscal year 2010 earnings. During the transition, the company will go to market as Air Routing International, a Rockwell Collins Company.
“One of our growth strategies is to extend beyond products and systems to bring value-added applications and services for flight operations,” said Steve Timm, vice president and general manager, Information Management at Rockwell Collins. “Air Routing’s expertise in flight planning and trip support is a natural fit with this strategy. We look forward to the opportunity to deliver new levels of service to current and future customers.”
Rockwell Collins is a leading provider of flight deck, cabin and information management solutions for business aircraft operators.
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.
Source: Rockwell Collins
You must be logged in to post a comment.