Detroit, January 16, 2018
Adient, plc (NYSE: ADNT) and Boeing (NYSE: BA) today announced the formation of Adient Aerospace, a joint venture that will develop, manufacture, and sell a portfolio of seating products to airlines and aircraft leasing companies. The seats will be available for installation on new airplanes and as retrofit configurations for aircraft produced by Boeing and other commercial airplane manufacturers.
The joint venture between Adient, the global leader in automotive seating, and Boeing, the world's largest aerospace company, addresses the aviation industry's need for more capacity in the seating category, superior quality and reliable on-time performance. Adient Aerospace will benefit from the world-class engineering teams and innovative cultures at both companies, as well as shared expertise in managing complex, global supply chains.
Read the full press release on Adient's website:
Adient, Boeing Launch New Company to Design and Build Airplane Seats
