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OEMServices
OEMServices SAS (formerly ''SAVE GIE''), or OEMS for short, is a French company involved in the maintenance, repair, overhaul, logistics and customer support of commercial aircraft. It is a joint venture between aerospace giants Safran, Thales, Diehl and Liebherr, acting as their AOG and MRO subsidiary for Aircraft Component Maintenance and spillover support. It is the world's leader in terms of market share of the Airbus A380 as well as the Airbus A350. Indeed, OEMServices supports many airlines and OEM around the world, always emphasizing its trademark of “Fly with the Original". The company was established in 2009 with Zodiac Aerospace, Thales Group, Diehl Aerospace and Liebherr Aerospace each owning 25%. Zodiac Aerospace was purchased outright by Safran in 2018. The purchase of Zodiac Aerospace by the Safran Group made OEMServices part of the new ''Safran'' conglomerate. __TOC__ Services and clients OEMServices, being the Maintenance, Repair & Overhaul front office f ...
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Safran
Safran S.A. is a French multinational company that designs, develops and manufactures aircraft engines, rocket engines as well as various aerospace and defense-related equipment or their components. It was formed by a merger between SNECMA and the defense electronics specialist SAGEM in 2005. Safran's acquisition of Zodiac Aerospace in 2018 significantly expanded its aeronautical activities. Employing over 95,000 people and generating 24.64 billion euros in sales in 2019, the company is listed on the Euronext stock exchange and is part of the CAC 40 and Euro Stoxx 50. Its headquarters are located in Paris. Name The name Safran was chosen from 4,250 suggestions, including 1,750 proposed by employees. As a holding company for many subsidiaries, the name was deemed suitable for the suggestion of direction, movement, and strategy. Safran translates as rudder blade and as saffron, which the company highlights as one of the catalysts for early international trade. History Or ...
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Thales Group
Thales Group () is a French multinational company that designs, develops and manufactures electrical systems as well as devices and equipment for the aerospace, defence, transportation and security sectors. The company is headquartered in Paris' business district, La Défense, and its stock is listed on the Euronext Paris. Having been known as Thomson-CSF since its foundation in 1968, the company was rebranded ''Thales'' (named after the Greek philosopher Thales and pronounced , reflecting its pronunciation in French) in December 2000. A communication audit, launched in spring that year, highlighted Thomson-CSF's image deficit, particularly among the young French graduates it was seeking to recruit. The wish to liven up its image as well as the expansion of its business worldwide were cited among the reasons for the change. Thales is partially owned by the French State and operates in more than 56 countries. It had 80,000 employees and generated €18.4 billion in revenues in ...
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Tremblay-en-France
Tremblay-en-France (; ) is a commune in the north-eastern suburbs of Paris, France. It is located from the centre of Paris. More than one-quarter of Charles de Gaulle Airport lies within the territory of the commune of Tremblay-en-France, in particular terminals 2A, 2B, 2C and 2D (the other terminals lie in the territory of other communes). It is the largest, by area, of the so-called ''petite couronne'' (inner ring) suburbs of Paris. The corporate head office of Air France and OEMServices lie within Tremblay. History Originally called Tremblay-lès-Gonesse (meaning "Tremblay near Gonesse"), the commune was officially renamed Tremblay-en-France (meaning "Tremblay in the ''pays de France''", see Roissy-en-France for an explanation) on 20 August 1989. Heraldry Transport The part of Paris-Charles de Gaulle Airport that lies within the territory of the commune of Tremblay-en-France is served by two stations on Paris RER line : Aéroport Charles de Gaulle 1 and Aéroport Charle ...
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Joint Venture
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to access a new market, particularly Emerging market; to gain scale efficiencies by combining assets and operations; to share risk for major investments or projects; or to access skills and capabilities. According to Gerard Baynham of Water Street Partners, there has been much negative press about joint ventures, but objective data indicate that they may actually outperform wholly owned and controlled affiliates. He writes, "A different narrative emerged from our recent analysis of U.S. Department of Commerce (DOC) data, collected from more than 20,000 entities. According to the DOC data, foreign joint ventures of U.S. companies realized a 5.5 percent average return on assets (ROA), while those companies’ wholly owned and controlled affiliates ( ...
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Zodiac Aerospace
Zodiac Aerospace was a French aerospace group founded in 1896 that supplied systems and equipment for aircraft. It had around 100 sites across the globe and employed nearly 35,000 people. In October 2018, it was acquired by French aerospace and defense company Safran. History Aeronautic foundations (1896 - 1933) The company was founded in 1896 as "Mallet, Mélandri et de Pitray" by Maurice Mallet and his associates. In the beginning, the company was involved in the production of hydrogen balloons for sport and tourism. In 1909, the company changed its name to become "Zodiac". It then experienced a boom in the construction of airplanes and airships, especially for the Aérostation Maritime (Naval Balloon Command) and through its participation in the war effort. Until the 1930s, 63 airships would leave Zodiac's workshops. Marine activities (1934 - 1972) In 1934, the company created the first prototype inflatable boats, ancestors of the renowned "Zodiac", which would contrib ...
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Conglomerate (company)
A conglomerate () is a multi-industry company – i.e., a combination of multiple business entities operating in entirely different industries under one corporate group, usually involving a parent company and many subsidiaries. Conglomerates are often large and multinational. United States The conglomerate fad of the 1960s During the 1960s, the United States was caught up in a "conglomerate fad" which turned out to be a form of speculative mania. Due to a combination of low interest rates and a repeating bear-bull market, conglomerates were able to buy smaller companies in leveraged buyouts (sometimes at temporarily deflated values). Famous examples from the 1960s include Ling-Temco-Vought,. ITT Corporation, Litton Industries, Textron, and Teledyne. The trick was to look for acquisition targets with solid earnings and much lower price–earnings ratios than the acquirer. The conglomerate would make a tender offer to the target's shareholders at a princely premium to the ...
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Aircraft Maintenance
Aircraft maintenance is the performance of tasks required to ensure the continuing airworthiness of an aircraft or aircraft part, including overhaul, inspection, replacement, defect rectification, and the embodiment of modifications, compliance with airworthiness directives and repair. Regulation The maintenance of aircraft is highly regulated, in order to ensure safe and correct functioning during flight. In civil aviation national regulations are coordinated under international standards, established by the International Civil Aviation Organization (ICAO). The ICAO standards have to be implemented by local airworthiness authorities to regulate the maintenance tasks, personnel and inspection system. Maintenance staff must be licensed for the tasks they carry out. Major airworthiness regulatory authorities include the US Federal Aviation Administration (FAA), European Union Aviation Safety Agency (EASA), Australian Transport Safety Bureau(ATSB), Transport Canada (TC) and Indian ...
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Meggitt
Parker Meggitt (formerly Meggitt plc) is a British international company specialising in components and sub-systems for the aerospace, defence and selected energy markets. It was listed on the London Stock Exchange and was a constituent of the FTSE 100 Index until it was acquired by Parker Hannifin in September 2022. History Origins The company's history spans back to multiple preceding businesses that were originally founded in both the nineteenth and twentieth centuries. Meggitt's own official history claims that the company's roots can be traced through to 1850 via the scientific instrumentation business Negretti & Zambra, which had, amongst other innovations, invented the world's first altimeter for the hot air balloon. During 1947, a new business was founded under the trading name ''Willson Lathes''; it operated as a machine tool manufacturer based in Halifax, West Yorkshire. That same year, Willson Lathes became a quoted public company. During 1964, Meggitt, a Dorset- ...
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Lufthansa Group
Deutsche Lufthansa AG (), commonly shortened to Lufthansa, is the flag carrier of Germany. When combined with its subsidiaries, it is the second- largest airline in Europe in terms of passengers carried. Lufthansa is one of the five founding members of Star Alliance, the world's largest airline alliance, formed in 1997. Besides its own services, and owning subsidiary passenger airlines Austrian Airlines, Swiss International Air Lines, Brussels Airlines, and Eurowings (referred to in English by Lufthansa as its ''Passenger Airline Group''), Deutsche Lufthansa AG owns several aviation-related companies, such as Lufthansa Technik and LSG Sky Chefs, as part of the Lufthansa Group. In total, the group has over 700 aircraft, making it one of the largest airline fleets in the world. Lufthansa's registered office and corporate headquarters are in Cologne. The main operations base, called Lufthansa Aviation Center, is at Lufthansa's primary hub at Frankfurt Airport, and its sec ...
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Airbus
Airbus SE (; ; ; ) is a European Multinational corporation, multinational aerospace corporation. Airbus designs, manufactures and sells civil and military aerospace manufacturer, aerospace products worldwide and manufactures aircraft throughout the world. The company has three divisions: ''Airbus Commercial Aircraft, Commercial Aircraft (Airbus S.A.S.)'', ''Airbus Defence and Space, Defence and Space'', and ''Airbus Helicopters, Helicopters'', the third being the largest in its industry in terms of revenues and turbine helicopter deliveries. As of 2019, Airbus is the world's largest airliner manufacturer. The company's main civil aeroplane business is conducted through the French company Airbus S.A.S., based in Blagnac, a suburb of Toulouse, with production and manufacturing facilities mostly in the European Union and the United Kingdom but also in China, the United States and Canada. Final assembly production is based in Toulouse, France; Hamburg, Germany; Seville, Spain; Tia ...
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Lufthansa Technik
Lufthansa Technik AG ('Lufthansa Engineering', often referred to simply as “LHT”) provides worldwide maintenance, repair, and overhaul (MRO) services for aircraft, engines, and components. It is a subsidiary of the Lufthansa Group. Headquartered at Hamburg Airport, its other important German sites are in Frankfurt Airport and Munich Airport. In greater Europe, it has major base maintenance facilities in Malta, Budapest, Hungary, and Bulgaria. Overseas, it has sites located in Puerto Rico, the Philippines, and China. History The origins of Lufthansa Technik can be traced back to 1951, predating that of its parent company, the German flag carrier Lufthansa. West German officials decided that, in advance of forming a new national airline, the establishment of a new maintenance base at Hamburg Airport should be undertaken as a preparatory step. Various new hangars, workshops, and storage facilities were established, enabling a fully range of services could be provided from the ons ...
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Airline
An airline is a company that provides civil aviation, air transport services for traveling passengers and freight. Airlines use aircraft to supply these services and may form partnerships or Airline alliance, alliances with other airlines for codeshare agreements, in which they both offer and operate the same flight. Generally, airline companies are recognized with an Air operator's certificate, air operating certificate or license issued by a governmental aviation body. Airlines may be scheduled or Air charter, charter operators. The List of airlines by foundation date, first airline was the German airship company DELAG, founded on November 16, 1909. The four oldest non-airship airlines that still exist are the Netherlands' KLM (1919), Colombia's Avianca (1919), Australia's Qantas (1920) and the Czech Republic's Czech Airlines (1923). Airline ownership has seen a shift from mostly personal ownership until the 1930s to government-ownership of major airlines from the 1940s to ...
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