Rockwell Collins Completes Acquisition Of Air Routing International
Wed, 06 Jan '10
Acquisition Plan Announced In November, 2009
Rockwell Collins has completed the acquisition of AR Group and its affiliated companies, including Air Routing International, a 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.
Air Routing has been providing flight departments with trip planning services for more than 30 years. Rockwell Collins wants to give customers comprehensive online access to its flight support tools. Air Routing provides customers with a single-source solution for weather services, flight planning services, fuel arrangements, international trip handling and concierge services.