What Happened
Aftermarket Consolidation Expands Capabilities In Structural Repair
First Class Air has acquired Vertical Aerospace, expanding its aftermarket business to include structural repair and parts manufacturing. The deal adds Vertical Aerospace’s expertise in MRO, engineering, and fabricated part manufacturing to First Class Air’s existing capabilities. With this acquisition, First Class Air aims to offer customers more integrated solutions and reduce aircraft downtime. The acquisition was announced by O2 Investment Partners, which has invested in Vertical Aerospace through its platform company First Class Air, as reported by AviNews.