Deal Valued At Approximately $5.2 Billion, Bombardier Announces Definitive Agreement For The Sale Of Flexjet's Activities
Bombardier announced Thursday that it has reached a definitive agreement for the sale of Flexjet's activities to Flexjet, LLC, a newly-created company funded by a group led by Directional Aviation Capital. Total consideration is $185 million, and the completion of this transaction is subject to the approval of all required governmental and regulatory authorities and other customary closing conditions.
Will Keynote Opening General Session At Las Vegas Gathering
The impact of an increasingly competitive global economy on business aviation is a key concern for the industry, and will be the focus of a keynote address delivered by former U.S. Treasury Secretary John Snow at the Oct. 22 Opening General Session of the National Business Aviation Association’s (NBAA’s) Business Aviation Convention & Exhibition (NBAA2013) in Las Vegas, NV.
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