Rumours that Zodiac Aerospace may be looking for a buyer and that French aircraft engine maker Safran may be considering a buy is distressing to this writer.
It’s the type of roughs-shot opportunistic consolidation aviation is addicted to–and it needs to break the habit. Please allow me to share my thoughts and rant a little.
I’m going to mention things I don’t usually talk about, but in the interest of edification I’ll go into them now; with the clear caveat that none of what I say is particularly true of Zodiac, and anything that is true of Zodiac is also true of other players. I won’t say which is which.