Diesel Manufacturer Has New (Old) Owner
SMA, the French company trying to convince the aviation world that diesel engines are the future, is now under the control of SAFRAN, the parent company of Snecma, a French jet engine maker. The piston-engine company was formerly a partnership of Snecma, Renault and EADS but SAFRAN bought out the other two. The diesel company is now a full subsidiary of SAFRAN and will retain the SMA name. In February, SMA filed for Chapter 11 bankruptcy in France but the buyout deal from SAFRAN saved the company and it continues to pursue Supplementary Type Certification for installation of the diesel in older Cessna 182s.