Hong Kong, March 31 -- Boeing and Safran have announced their Auxiliary Power Unit (APU) joint venture will be called Initium Aerospace, based on the Latin meaning "to start". It is what an APU does, Boeing and Safran said last month.
The agreement for the joint venture was reached in June last year and received antitrust immunity clearance in November. The company, headed by Etienne Boisseau, will operate from San Diego, southern California in conjunction with Boeing and Safran sites elsewhere, with the goal of developing next generation in APUs.
Published by HT Digital Content Services with permission from Orient Aviation....