GD Buys Jet Aviation -- Lock, Stock & Barrel

Edited by James E. Swickard October 01, 2008
General Dynamics is buying Jet Aviation of Switzerland from Permira Funds, for $2.25 billion in cash. The deal is expected to close by year-end -- subject to normal regulatory reviews. General Dynamics said it plans to retain the Jet Aviation and Midcoast Aviation brands and management and operate...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.