Zodiac readies for Power8 power play
French aerospace equipment maker Zodiac is selling its marine business to boost its aerospace activity.

French aerospace equipment maker Zodiac is selling its marine business to boost its aerospace activity. This process may see it taking over one of the three European factories for which Airbus is seeking partnership arrangements under its Power8 reorganization plan. With the same goal in mind, Zodiac has strengthened the family-owned group’s senior management team.

Olivier Zarrouati, who since September 2006 has been CEO of Zodiac’s three aerospace businesses, told Aviation International News that last year’s postponement of A380 deliveries came at the ramping-up phase for Zodiac and had only a minor impact on its business, representing less than 1.5 percent of its organic growth. Zodiac supplies the A380’s primary electrical distribution system which, according to the company, in no way contributed to the A380’s serious technical delays.

Loading…