Oliver Wyman Expands Technical Aviation Expertise in Europe with Acquisition of the Business of AVISA
Global management consultancy Oliver Wyman today announced the acquisition of the business of UK-based AVISA Aviation Safety Systems. The move signals the expansion of its technical consulting and services division, CAVOK, into Europe.
AVISA Aviation Safety Systems is a leading technical consultancy that also provides airworthiness management support and training for major international airlines, regulatory authorities, aircraft engineering firms, commercial, civil, and military aviation industries.
The AVISA team of specialists will be fully integrated into the broader CAVOK operations and services portfolio. This creates an expanded source of expertise of more than 130 professionals who assist airlines, MRO providers, lessors, and other aviation and aerospace stakeholders with mission-critical issues surrounding certification, safety, training, and performance and execution support for technical operations. The European headquarters of CAVOK will be based in the London Gatwick area.
David A. Marcontell, CAVOK’s General Manager, said: “Since its inception, CAVOK has steadily grown into North America’s preeminent air carrier and MRO regulatory and certification advisory firm, as well as a leading player in airline technical support services. For our expansion into Europe we looked for firms with similar capabilities and credibility. AVISA is a perfect fit with its EASA-approved Continuing Airworthiness Management Organization (CAMO) designation and reputation as a highly-regarded training provider and regulatory guidance adviser.”
Phil Stuckle, AVISA’s Managing Director, said “We are extremely pleased to be joining the CAVOK operation and look forward to the opportunity to bring all of CAVOK’s long standing knowledge and experience into the European marketplace.”
The terms of the transaction were not disclosed.
About Oliver Wyman
Oliver Wyman is a global leader in management consulting. With offices in 50+ cities across nearly 30 countries, Oliver Wyman combines deep industry knowledge with specialized expertise in strategy, operations, risk management, and organization transformation. The firm has more than 4,500 professionals around the world who help clients optimize their business, improve their operations and risk profile, and accelerate their organizational performance to seize the most attractive opportunities. Oliver Wyman is a wholly owned subsidiary of Marsh & McLennan Companies [NYSE: MMC]. For more information, visit www.oliverwyman.com. Follow Oliver Wyman on Twitter @OliverWyman.
CAVOK is an aviation services and consulting firm that supports certification, safety and operational initiatives for clients worldwide. Their deep industry expertise, collaborative approach, and proprietary tools help clients adhere to the latest safety standards, manage regulatory requirements, and improve process design and efficiency to properly manage operational risk components and enable significant economic benefit. Founded in 1996, CAVOK was acquired by Oliver Wyman in 2007 and draws on the consulting firm’s strategic and operational expertise in aviation and aerospace. In 2015, CAVOK further expanded with its acquisition of TeamSAI. By combining CAVOK’s operational expertise with Oliver Wyman’s management consulting experience, clients gain access to a unique depth and breadth of experience, tools, and acumen. Clients include air carriers, maintenance, repair, and overhaul (MRO) facilities, regulatory bodies, manufacturers and financiers. www.cavokgroup.com.
About AVISA Aviation Safety Systems
AVISA is a UK based global market leader in aviation consultancy, training and airworthiness management since 2004. With staff that have worked at the highest levels of the UK CAA, major international airlines, regulatory authorities, aircraft engineering firms, commercial, civil and military aviation industries, AVISA holds EASA Part M Subpart G and Subpart I ARC approvals, Bahrain CAA Part M approval, and ISO 9001:2008 designations.
Francine Minadeo, +1-212-345-6417
Om Business Wire
Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.
Følg saker fra Business Wire
Registrer deg med din epostadresse under for å få de nyeste sakene fra Business Wire på epost fortløpende. Du kan melde deg av når som helst.
Siste saker fra Business Wire
21st Century Fox Welcomes the CMA’s Provisional Finding on Company’s Genuine Commitment to Broadcasting Standards23.1.2018 07:29 | Pressemelding
21st Century Fox notes today’s publication by the Competition and Markets Authority (CMA) of its Provisional Findings Report regarding the Company’s proposed acquisition of the remaining shares in Sky. Today’s provisional findings move our proposed Sky transaction forward to the next phase of the regulatory review process. We welcome the CMA’s provisional finding that the Company has a genuine commitment to broadcasting standards and the transaction would not be against the public interest in this respect. Regarding plurality, we are disappointed by the CMA’s provisional findings. We will continue to engage with the CMA ahead of the publication of the final report in May. We also note that the CMA has elected to avail itself of the statutory 8-week extension, moving its deadline for a final decision to May 1, 2018. We anticipate regulatory approval of the transaction by June 30, 2018. About 21st Century Fox 21st Century Fox is one of the world's leading portfolios of cable, broadcast,
IDEMIA Announces Acquisition of Otono Networks and Its eSIM Orchestration Solution23.1.2018 06:30 | Pressemelding
IDEMIA, the global leader in Augmented Identity for an increasingly digital world, today announced the acquisition of Otono Networks and its industry-leading eSIM orchestration technology. Together, IDEMIA and Otono will offer a comprehensive eSIM lifecycle management solution to simplify the adoption of eSIM for both mobile operators (MNOs) and device manufacturers (OEMs). This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20180122006566/en/ This acquisition marks the first external expansion by the IDEMIA group, formed in 2017 when OT (Oberthur Technologies) and Safran Identity & Security (Morpho) joined forces, and illustrates IDEMIA’s strategic vision facing the future of connected devices. By 2020, connected objects in use worldwide could reach 20.4 billion (source: www.gartner.com). Faced with the increasing number of new eSIM devices (smartphones, smartwatches, tablets, PCs, etc.) and IoT applications, MNOs and OEMs must con
Takeda Recognized as a Global 100 Most Sustainable Corporation for Third Consecutive Year23.1.2018 06:30 | Pressemelding
Takeda Pharmaceutical Company Limited [TOKYO:4502], (“Takeda”) is proud to be named by Corporate Knights as one of the 2018 Global 100 Most Sustainable Corporations in the World (Global 100) for the third consecutive year. This distinction is based on 17 key performance indicators including financial management, clean revenue, and supplier performance. Takeda performed in the top 25% on innovation capacity, receiving notable recognition for its leadership diversity. Global 100 companies in 2018 represent the top 1.3% in the world on sustainability performance. The Index launched in 2005; results are disclosed annually at the World Economic Forum in Davos. As a LEAD company within the United Nations Global Compact, Takeda’s established track record in sustainability is guided by long-term international targets such as the Sustainable Development Goals (SDGs). Takeda is the only Japanese pharmaceutical company and among the four companies from Japan to make the final 100 in 2018, and one
AECOM defines infrastructure’s next chapter with launch of its inaugural global report: The Future of Infrastructure23.1.2018 05:00 | Pressemelding
AECOM (NYSE:ACM), a premier, fully integrated global infrastructure firm, released its inaugural global research report today, The Future of Infrastructure, which harnesses survey data and opinions from more than 500 industry decision-makers working in major organizations across the North America, Europe and the Asia-Pacific regions. With eight in 10 respondents agreeing this is a pivotal time for the industry, the report examines the problems, priorities and potential in delivering major infrastructure projects around the world. The Future of Infrastructure report can be accessed at: infrastructure.aecom.com . “Infrastructure networks and systems around the globe are under considerable strain. Amid urbanization, climate change and the dizzying pace of technological advances, just narrowing the gap that exists is no longer a sufficient goal. What’s needed is a giant leap forward,” said Michael S. Burke, AECOM’s chairman and chief executive officer. “Our report makes clear that by focus
Neil Diamond Announces Retirement from Concert Touring; Australian and New Zealand Tour Dates Cancelled23.1.2018 03:18 | Pressemelding
Legendary singer, songwriter and performer Neil Diamond today announced his retirement from touring due to his recent diagnosis of Parkinson’s disease. The onset of the disease has made it difficult to travel and perform on a large scale basis but will allow Mr. Diamond to continue his writing, recording and development of new projects. Based on his doctors’ advice, the third leg of Diamond’s 50th Anniversary tour, set to land in Australia and New Zealand this March, has been cancelled. “It is with great reluctance and disappointment that I announce my retirement from concert touring. I have been so honored to bring my shows to the public for the past 50 years,” said Neil Diamond. “My sincerest apologies to everyone who purchased tickets and were planning to come to the upcoming shows. I plan to remain active in writing, recording and other projects for a long time to come. My thanks go out to my loyal and devoted audiences around the world. You will always have my appreciation for you
Logitech Delivers Record Sales, Up 22%23.1.2018 02:00 | Pressemelding
Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced financial results for the third quarter of Fiscal Year 2018. Q3 sales were an all-time record $812 million, up 22 percent in US dollars and 18 percent in constant currency, compared to Q3 of the prior year. Q3 GAAP operating income amounted to $100 million, compared to $96 million in the same quarter a year ago. Q3 GAAP earnings per share (EPS) amounted to $0.48, compared to $0.59 in the same quarter a year ago. GAAP profitability was impacted by a one-time $16 million net tax expense following the reduction in the U.S. federal income tax rate and other reforms. Q3 non-GAAP operating income grew 18 percent to $117 million, compared to $99 million in the same quarter a year ago. Q3 non-GAAP EPS grew 16 percent to $0.65, compared to $0.56 in the same quarter a year ago. Cash flow from operations grew 27 percent to $189 million, the highest quarterly level ever. “This holiday quarter, we’ve delivered our highest quarterly s
I vårt presserom finner du alle våre siste saker, kontaktpersoner, bilder, dokumenter og annen relevant informasjon om oss.Besøk vårt presserom