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SAFRAN GROUP / CHINA EASTERN AIR HOLDING / JV

M.8411

SAFRAN GROUP / CHINA EASTERN AIR HOLDING / JVSAFRAN GROUP / CHINA EASTERN AIR HOLDING
May 17, 2017
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Disclaimer :

The Competition DG makes the information provided by the notifying parties in section 1.2 of Form CO available to the public in order to increase transparency. This information has been prepared by the notifying parties under their sole responsibility, and its content in no way prejudges the view the Commission may take of the planned operation. Nor can the Commission be held responsible for any incorrect or misleading information contained therein.

M.8411 - SAFRAN GROUP / CHINA EASTERN AIR HOLDING

SECTION 1.2

Description of the concentration

On 21 April 2017, the European Commission received a notification of a proposed

concentration pursuant to Article 4 of Council Regulation (EC) No. 139/2004, by which

Safran Landing Systems (SLS), a wholly owned subsidiary of Safran SA, and China Eastern

Airlines Co. Ltd. (CEA), a company part of China Eastern Air Holding intend to acquire joint

control over a newly created full-function joint venture active in the provision of single aisle

commercial aircraft landing gear maintenance, repair and overhaul services in the People's

Republic of China.

Safran Landing Systems is a company active in aircraft landing and braking systems. SLS

capabilities encompass the full life cycle of the company's products, ranging from design and

manufacture to in-service support, repair and overhaul. The company employs more than

7,000 staff working in locations across Europe, North America and Asia. SLS belongs to

Safran SA, a French-registered company listed on NYSE Euronext Paris.

China Eastern Airlines Co. Ltd. is an airline headquartered at the Shanghai Hongqiao

International Airport, the People's Republic of China. It is a major Chinese airline operating

international, domestic and regional routes and its main hubs are located at Shanghai Pudong

International Airport and Shanghai Hongqiao International Airport. CEA belongs to China

Eastern Air Holding, a Chinese state owned enterprise.

EUC

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