Zodiac Aerospace Overview
Company Headquarters: Plaisir, France
Founded: 1896
Workforce: ~35,000
Company Working: Zodiac Aerospace develops the most advanced solutions for improving comfort and onboard aircraft safety, along with high-tech systems that improve aircraft performance and flight safety. In early 2008, the Zodiac sold its marine business and renamed itself as Zodiac Aerospace and refocused on its core business. The company is a world leader in the provision of aeronautical systems and equipment mounted onboard commercial, regional, and business aircraft, and helicopters. Since February 2018, Zodiac Aerospace is a subsidiary of the Safran Group.
Zodiac Aerospace is engaged in two main activities - aircraft interiors, which brings together the cabin and seat divisions, and the aerosystems business, which comprises the aerosystems division. The firm provides a distribution network of component and equipment repair services, spare parts, support solutions, technical support, and training services. The company's products have wide applications in regional, commercial, business, military aircraft, and civil aviation market. It operates in some countries in Europe and in the Americas. Through its aerosystems activities division, it provides IFE solutions for commercial aircraft. The Aerosystems division accounts for 43.6% share of the company’s revenue and employs nearly 12,000 employees worldwide. It provides IFE systems, under the brand name RAVE, which allows passengers to access AVOD, as well as other contents. In 2012, the company had launched its embedded AVOD system, namely RAVE Seat Centric. Since then, more than 35 airline operators have chosen RAVE. As of 2017, the company has installed its RAVE Seat Centric solutions to over 562 operational aircraft comprising 45 airline customers.
Strategy
Zodiac Aerospace had received numerous contracts over the past couple of years, which helped the company to improve its sales. Moreover, post the takeover of Zodiac Aerospace by the Safran Group, the business of the parent company is all set to expand. As a result, Safran Group would be looking forward to expanding its product portfolio in the near future and increase its market presence.
