Reports Say Montana Aerospace May List on Stock Market Before Summer

According to a Reuters report, Montana Aerospace, a maker of aircraft parts headquartered in Austria and Switzerland is getting ready for a close to $1.8 billion stock market listing. Consolidation is occurring as a re sult of the impact of the coronavirus on aviation and the company said in a statement, “We regularly review what growth financing options are available in order to be able to take advantage of market opportunities.”

The company describes itself as “an industrial group that focuses on key parts and technologies in the aerospace market with a global operations footprint. Montana Aerospace manufactures state-of-the-art components through its multi-material capabilities and outstanding engineering competence for the aerospace industry.”