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BBA Aviation Net Rises; Company to Buy GE Fuel Unit

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(Corrects acquisition figure in second paragraph.)

March 2 (Bloomberg) -- BBA Aviation Plc’s net income last year rose to 65.1 million pounds from 47.9 million pounds as sales increased 9 percent to 1.18 billion pounds and pretax profit jumped 42 percent to 85.2 million pounds.

The company said separately that its Ontic unit is buying a legacy fuel-measurement business from General Electric Co.’s aviation division for $62.5 million.

Link to Statement:{NSN LHF4UZ3HHEDE <GO>}

Link to Company News:{BBA LN <Equity> CN <GO>} Link to Company News:{GE US <Equity> CN <GO>}

To contact the editor responsible for this story: Tom Lavell at tlavell@bloomberg.net

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