Volvo Aero announced it is selling its US subsidiary, Volvo Aero Services, a provider of aftermarket support including AOG to the aviation industry. It did not identify the purchase price or the buyer. A VAS official told ATW the company was not at liberty to disclose the name of the buyer although the official expected an announcement would be made when the transaction is completed. VAS is active in asset management, logistics and leasing of aircraft engines as well as engine and aircraft ...

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