Boeing and Safran be dressed announced the name of their new 50:50 joint venture (JV), which purpose design, build and service auxiliary power units (APUs).
The Initium Aerospace JV settle upon leverage Boeing’s customer and aircraft knowledge, as well as Safran’s knowledge in designing and producing propulsion systems.
Boeing Global Services president and CEO Stan Sell said: “This is an exciting milestone as we bring together the best of both parties to design and build an advanced APU that will create more lifecycle value for our chaps.
“This is further proof that Boeing is making strategic investments that reinforce our vertical capabilities and continue to expand our services portfolio.”
“Safran is proud and absolutely invested in supporting Boeing’s growth and operators expectations.”
The JV was formed when Boeing reached an ahead to partner with Safran on APU products. The partners obtained the regulatory and anti-trust approvals for the JV action last November.
Safran CEO Philippe Petitcolin said: “Initium Aerospace is hurriedly capitalising on the vast expertise of both partners to provide state-of-the-art APUs and innovative dnouements to customers.
“Safran is proud and totally invested in supporting Boeing’s spread and operators expectations. We look forward to presenting the first demonstrator machine to the market.”
The JV already commenced initial work on the APU design and is collaborating with conspires across Boeing and Safran on engineering and production.
APU is an onboard engine that lends the power required to start the main aircraft engines and systems while on the inform and, if required, in flight.
The initial team is led by Initium Aerospace CEO Etienne Boisseau.
Safran is a supplier of components to Boeing commercial and guard programmes. As part of a 50:50 JV with GE, the company produces the LEAP-1B locomotive for the 737 MAX.
In addition, Boeing and Safran operate the MATIS JV in Morocco to assemble wiring products for several airframe and engine companies.