BBA Aviation

BBA Aviation

Infobox Company
company_name = BBA Aviation
company_
company_type = Public (lse|BBA)
foundation = 1897
location = London, UK
key_people = Michael Harper (Chairman)
Simon Pryce (CEO)
industry = Aviation
products = Flight support
Aftermarket services & systems
revenue = £979.4 million (2007)
operating_income = £130.1 million (2007)
net_income = £87.2 million (2007)
num_employees =
homepage = [http://www.bbaaviation.com www.bbaaviation.com]

BBA Aviation plc (lse|BBA) is a British company which operates in services for the aviation sector. It is a constituent of the FTSE 250 Index.

BBA Aviation's turnover for the year ended 31 December 2007 was £979.4 million. Profits were £110.8 million before tax and £87.2 million after tax. [cite web
title=Annual Report 2007 |url=http://www.bbaaviation.com/pdf/annualreport2007.pdf |publisher=BBA Aviation |date=26 March, 2008 |accessdate=2008-05-02
]

History

The company was founded by William Fenton and Walter Cobbett in 1897 as a textile manufacturing firm named "W. Wilson Cobbett Ltd". [http://www.bbaaviation.com/about/grphistory26.htm BBA Aviation History] ]

In 1911 it was re-named "Scandinavia Belting" and in 1925 it became "B.B. & A." and then in 1967 "BBA Group". In 1986 it acquired "APPH", a business specialising in landing gear. It formed "Signature Flight Support" in 1992 and bought "International Airmotive Holding" in 1996, [ [http://findarticles.com/p/articles/mi_qn4158/is_19961210/ai_n14073472 Airmotive deal gives BBA focus] ] "Oxford Aviation" in 2000 and "Aircraft Service International Group" (ASIG) in 2001.

In 2006 it demerged its materials technology division, which developed and manufactured nonwoven materials used in the hygiene and medical markets and in a great many industrial applications. This business, which also manufactured friction materials for train brakes, was spun off as "Fiberweb plc". [cite news |title=Market Report: BBA continues to prove value of demergers |url=http://www.independent.co.uk/news/business/analysis-and-features/market-report-bba-continues-to-prove-value-of-demergers-424818.html |work=The Independent |last=Dewson |first=Andrew |date=18 November, 2006 |accessdate=2008-05-02] The group's name was then changed to "BBA Aviation".

Operations

BBA's aviation services and systems divisions (BBA Aviation Services and BBA Aviation Systems), operate in many countries and provide fueling services, technical support, cleaning, repair, maintenance and maintenance services to airlines, and are involved in aircraft sales and pilot training.

Its flight support operations are formed round "Signature Flight Support" and "ASIG". Its aftermarket services and systems activities are formed round "Airmotive International" and "APPH". [ [http://www.bbaaviation.com/businesses/aviation31.htm BBA Aviation - Businesses] ]

References

External links

* [http://www.bbaaviation.com/ BBA Aviation Corporate Website]
* [http://uk.finance.yahoo.com/q/pr?s=BBA.L BBA Aviation Yahoo Financial Profile]


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