French aeroengine manufacturer Snecma has bought Sabena Technics share in their Brussels-based joint venture engine maintenance company Snecma Sabena Engine Services. The maintenance subsidiary of Belgium's national airline has been struggling since Sabena was declared bankrupt in November. Snecma already owned half the company's shares, and has paid €2 million ($1.8 million) to acquire the rest. General Electric's Engine Services division has signed a deal to acquire Unison Industries of Jacksonville, Florida. Unison sells and services sensors, wiring harnesses, switches and other electrical components to the aero-engine and power-generation industries. The Belgian government has sold Brussels Zaventem airport to the Brussels International Airport Company (BIAC), the current operator of the airport, for €205 million.
Source: Flight International