The European Commission has cleared the way for United Technologies Corp. (UTC) to buy Rockwell Collins, assuming the divestiture of businesses in actuators, pilot controls, ice protection and oxygen systems. The May 4 announcement—which was largely expected—removes one of the last requirements for the US aerospace companies to clear before merging their operations, expected this summer. Rockwell Collins is a US-based avionics, IT and aircraft interiors provider while UTC is ...

Subscribe to Access this Entire Article

"EU Commission approves Rockwell Collins sale to UTC after divestitures" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions?

Already registered? here.