Cobham ‘to enter an exciting new phase’ with new aircraft and strategic review of Australia business

    Cobham Aviation Services Australia (CAS) CEO Ryan Both reported (25-Jul-2019) the company is “about to enter an exciting new phase” with the arrival of its first Q400 aircraft in early Aug-2019, which “brings a game-changing modern in-production aircraft” to the fly-in fly-out sector. Mr Both stated aircraft like the Q400 and the recently introduced Embraer E190 “aren’t cheap” and are “transforming our business but we need more capital to drive our growth so we can realise our full potential”. He added Cobham plc has “high expectations for our business and remains committed to the success of CAvS in Australia during this process”.  Mr Both also confirmed Cobham has commenced a strategic review of its business in Australia.