Service provider

  • 10-Sep-2008 08:56 EDT
General Dynamics and Dreamliner Lux S.a.r.l. entered into a definitive agreement for General Dynamics to acquire Zurich, Switzerland-based Jet Aviation for CHF 2.45 billion (approximately $2.25 billion) in cash. Jet Aviation’s close to 5600 employees cater to clients' needs from 25 airport facilities throughout Europe, the Middle East, Asia, and North and South America. Services provided include maintenance, repair and overhaul; completions and refurbishments; engineering; fixed base operations; aircraft management, flight support, and global executive-jet charter services; aircraft sales and acquisitions; and personnel services. Following completion of the acquisition, Jet Aviation will continue serving the entire aircraft manufacturing community and its global client base as a new business unit within the General Dynamics Aerospace group operating under the Jet Aviation and Midcoast Aviation brands.
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