The loss-making venture would affect partners and subcontractors including Thales , Safran and Avio.

FORBES: British Airways Can't Save Airbus

Carlyle is buying the aerospace arm of the troubled Fiat group, Fiat Avio, with an Italian partner.

ECONOMIST: Europe's defence industry

Avio declined to comment, but a person familiar with the matter said the company is working toward a fall IPO.

WSJ: Europe's IPO Market Looks to U.S. for Inspiration

Avio was now looking to Brazil and China for growth, said Caio.

CNN: Avio head: Europe risks becoming a 'half-baked cake'

PLC, as well as Talanx and Italian engine parts maker Avio.

WSJ: Europe's IPO Market Looks to U.S. for Inspiration

Avio is the prime contractor for Vega, the new European rocket system designed to launch the small satellites that are expected to be the main driver of the aerospace industry.

CNN: Avio head: Europe risks becoming a 'half-baked cake'

While the park has added newer amusements, most visitors come for the vintage attractions, including a two-tier carousel built in 1921, the Talaia, which raises guests with a rickety metal arm to a height of 550m above sea level, and the iconic Avio ride, modelled on the first plane to fly between Barcelona and Madrid.

BBC: Europe��s grand old theme parks