Enabling the Extraordinary
To Fly To Power To Live

SMART Support for Meggitt’s products and systems

Enabling operational excellence for our customers worldwide.

Our Services & Support team is dedicated to keeping Meggitt’s global customers airborne and operational.

  • Spare parts
  • Repairs
  • Exchange pool
  • Upgrades
Find out more

Meggitt Properties PLC - Section 172 Statements

As set out in section 172 of the Companies Act 2006 (the ‘Act’) the directors must act in good faith to promote the success of the company for the benefit of its members as a whole and, in doing so, have regard to the likely consequences of any decision in the long term, the interests of the company’s employees, the need to foster the company’s business relationships with suppliers, customers and others, the impact of the company’s operations on the community and the environment, the desirability of the company maintaining a reputation for high standards of business conduct, and the need to act fairly between members of the company.

As a wholly owned subsidiary, the company’s directors are subject to group policies set by Meggitt PLC which clearly set out the expectation to act ethically and conduct business fairly and impartially. The group Corporate Responsibility and Sustainability Policy in particular requires business to be conducted in a manner that achieves sustainable growth by balancing the interests of all stakeholders. This policy prompts consideration of the matters set out in section 172 of the Act and by complying with this policy the directors ensure that the company is ran for the benefit of its members and the group as a whole.

In June 2020, the company divested Meggitt Training Systems Limited to Pine Island Capital Partners, LLC. As part of this process our stakeholders were considered. Consideration of the workforce and customer base was a factor in selecting a buyer that would continue to invest in both the workforce and developing quality products for the customer base.

Engagement with stakeholders

Whilst the company has no employees, it benefits from engagement activities at group level with other stakeholders, details of which can be found on pages 63 to 65 of the Meggitt PLC 2020 Annual Report, which does not form part of this report. These activities have helped shape our footprint strategy to better serve the needs of our customers.

Approved by the Board of Directors on 29 June 2021.


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