Bombardier Closes the Sale of Flexjet's Activities to a Group Led by Directional Aviation Capital
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Bombardier Closes the Sale of Flexjet's Activities to a Group Led by Directional
Aviation Capital
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MONTREAL, QUEBEC--(Marketwired - Dec 5, 2013) - Bombardier
(TSX:BBD.A)(TSX:BBD.B) announced today the closing of the sale of Flexjet's
activities to Flexjet, LLC, a newly-created company funded by a group led by
Directional Aviation Capital. The previously announced total consideration of
$185 million US, following purchase price adjustments, is now estimated at $195
million US, including the assumption of an estimated $70 million US of customer
advances by the acquirer. This transaction has received the approval of all
appropriate regulatory authorities and other consents from government bodies in
the U.S.
As a result of this closing, a firm order by Flexjet, LLC for 115 business
aircraft (25 Learjet 75, 60 Learjet 85, 20 Challenger 350 and 10 Challenger 605
jets) is now confirmed. The agreement also includes options for an additional
150 business jets. The transaction for the firm aircraft order is valued at
approximately $2.4 billion US based on 2013 list prices. If all the options are
exercised, the total value of the order will be approximately $5.6 billion US,
also based on 2013 list prices.
About Bombardier
Bombardier is the world's only manufacturer of both planes and trains. Looking
far ahead while delivering today, Bombardier is evolving mobility worldwide by
answering the call for more efficient, sustainable and enjoyable transportation
everywhere. Our vehicles, services and, most of all, our employees are what make
us a global leader in transportation.
Bombardier is headquartered in Montréal, Canada. Our shares are traded on the
Toronto Stock Exchange (BBD) and we are listed on the Dow Jones Sustainability
World and North America Indexes. In the fiscal year ended December 31, 2012, we
posted revenues of $16.8 billion. News and information are available at
bombardier.com or follow us on Twitter (at)Bombardier.
Bombardier, Challenger, Challenger 350, Challenger 605, Learjet, Learjet 75,
Learjet 85 and The Evolution of Mobility are trademarks of Bombardier Inc. or
its subsidiaries.
Isabelle Rondeau
Director, Communications
Bombardier Inc.
+514 861 9481
isabelle.rondeau(at)bombardier.com
Shirley Chenier
Senior Director, Investor Relations
Bombardier Inc.
+514 861 9481
shirley.chenier(at)bombardier.com
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originality of the information contained therein.
Source: Bombardier Inc. via GlobeNewswire
[HUG#1748053]
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Datum: 05.12.2013 - 15:51 Uhr
Sprache: Deutsch
News-ID 322868
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