Irish aviation startup to raise €100 million

A little-known Irish company that sells engine parts for aircraft is in the final process of a major fundraising move to secure €100 million in capital.

A little-known Irish company that sells engine parts for aircraft is in the final process of a major fundraising move to secure €100 million in capital.

The funding is coming from major international aviation private equity sources.

EirTrade Aviation, founded by experienced Irish industry figures Ken Fitzgibbon, a former Airmotive executive, and former SR Technics engineer John McCarthy, has worldwide airline and aviation leasing clients.

The company is what's called a part-out specialist', ...