BBA Aviation

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BBA Aviation plc is a British multinational aviation services company headquartered in London, United Kingdom.

BBA Aviation is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

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History

The company was founded by William Fenton and Walter Cobbett in 1879 as a manufacturer of textile belting for machinery named W. Wilson Cobbett Ltd.

In 1911 it was renamed Scandinavia Belting and in 1925 it became British Belting & Asbestos 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 in 1996 purchased Trinity Aerospace Engineering. Then in March 1998 it acquired H+S Aviation from Vector Industries and in December 1998 it acquired UNC Airwork Corp, a unit of UNC Inc in the US.

A major divestment came in 2000 when it sold its Mintex brake-pad division for £389m. It also diversified into flight training in 2000 buying Oxford Aviation. The following year it bought Aircraft Service International Group ('ASIG') of the US, doubling the group's presence in the commercial ground handling market.

In 2006 BBA demerged its materials technology division, which developed and manufactured nonwoven materials used in the hygiene and medical markets and in numerous industrial applications, and friction materials for train brakes: the demerged business was named Fiberweb plc. It sold Oxford Aviation the following year and BBA Group's name was changed to BBA Aviation in 2007 to mark its transformation to a focused aviation group.

In 2008 it bought the assets of Hawker Beechcraft Services Inc's Line Service Operations for £65.4 million. Then in 2011 it bought GE Aviation's fuel measurement business for £38.3m and a new services base at Bozeman in Montana, United States for $10.5m. In 2012 it purchased Dryden Air Services and PLH Aviation in Canada. This allowed entry into the Canadian market.

The company acquired Landmark Aviation, a provider of refueling and other ground services at airports, for $2.1 billion in 2015 and sold ASIG, its US plane refuelling business, for $202 million in 2016.

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Operations

BBA Aviation is headquartered in London and has significant operations in the USA. In recent years, the company has significantly expanded its operations in Europe and extended its operations to Asia, South America and Africa. BBA Aviation is organised into three main business groupings: Signature Flight Support, a business offering aircraft handling, refuelling, and passenger amenities for business and general aviation, Engine Repair and Overhaul (ERO), an engine maintenance business and Ontic, an aircraft parts business.