Airline Services gains LDC investment

Airline Services says investment in the business by private equity firm LDC gives it the firepower to pursue acquisitions as well as organic expansion. LDC has taken a significant stake in the company, which has its headquarters in Manchester. Chief executive Bryan Bodek said LDC’s financial backing would enable the business to deliver its ambitious growth plans. “As well as increasing the pace of organic growth, we are keen to pursue a number of bolt-on acquisitions to broaden our service offering and position the business with new customers in the UK and overseas,” he said. Airline Services provides maintenance, repair