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Air Cruisers Co Inc

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October 7, 1992 | MICHAEL FLAGG, TIMES STAFF WRITER
Weber Aircraft Inc., a maker of seats, galleys and lavatories for aircraft, has been sold by its British owner for $85 million in cash. The buyer is Air Cruisers Co. of Belmar, N.J., which makes aircraft escape chutes, life vests and inflatable boats and is part of Groupe Zodiac, a French manufacturer. Makers of airplane parts have been hurt by the recession because airlines are buying fewer planes.
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BUSINESS
October 7, 1992 | MICHAEL FLAGG, TIMES STAFF WRITER
Weber Aircraft Inc., a maker of seats, galleys and lavatories for aircraft, has been sold by its British owner for $85 million in cash. The buyer is Air Cruisers Co. of Belmar, N.J., which makes aircraft escape chutes, life vests and inflatable boats and is part of Groupe Zodiac, a French manufacturer. Makers of airplane parts have been hurt by the recession because airlines are buying fewer planes.
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