Safran has entered into a definitive agreement with Kingswood Capital Management\u00a0 for the sale of Safran Passenger Innovations (SPI), Safran\u2019s in-flight entertainment and connectivity solutions division best known for it\u2019s \u2018RAVE\u2019 accessible IFE system and other products.<\/p>\n
SPI generates approximately USD 460 million in revenue and employs around 740 people across three sites \u2013 two in the United States and one in Germany.<\/p>\n
READ: \u00a0ANA and Safran announce \u2018THE Room FX\u2019 suite<\/a><\/strong><\/p>\n Kingswood will leverage its capital base, operational network, and expertise to grow the business and help it develop new connected in-flight entertainment solutions, which have become a key element of passenger experience as the aviation industry continues to expand.<\/p>\n The transaction is subject to obtaining the applicable regulatory approvals and the customary conditions for this type of transaction. Completion of the transaction is expected by the end of the first quarter of 2026.<\/p>\n The post Safran to sell IFE division to private equity<\/a> appeared first on Aviation Business News<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Safran has entered into a definitive agreement with Kingswood Capital Management\u00a0 for the sale of Safran Passenger Innovations (SPI), Safran\u2019s in-flight entertainment and connectivity solutions division best known for it\u2019s \u2018RAVE\u2019 accessible IFE system and other products. SPI generates approximately USD 460 million in revenue and employs around 740 people across three sites \u2013 two […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1307","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/zephyrsys.us\/index.php\/wp-json\/wp\/v2\/posts\/1307","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/zephyrsys.us\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/zephyrsys.us\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/zephyrsys.us\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/zephyrsys.us\/index.php\/wp-json\/wp\/v2\/comments?post=1307"}],"version-history":[{"count":0,"href":"https:\/\/zephyrsys.us\/index.php\/wp-json\/wp\/v2\/posts\/1307\/revisions"}],"wp:attachment":[{"href":"https:\/\/zephyrsys.us\/index.php\/wp-json\/wp\/v2\/media?parent=1307"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/zephyrsys.us\/index.php\/wp-json\/wp\/v2\/categories?post=1307"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/zephyrsys.us\/index.php\/wp-json\/wp\/v2\/tags?post=1307"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}