|
Bombardier has entered into share purchase
agreements with Lufthansa Technik AG and ExecuJet Aviation Group
AG to acquire all of the issued and outstanding shares of
Lufthansa Bombardier Aviation Services (LBAS) that it does not
own.
The investment will enable Bombardier to
further expand its worldwide customer support footprint by
establishing a wholly-owned service centre in Berlin.
The
transactions are subject to customary closing conditions with
closings anticipated to occur before the end of the year.
“Bombardier has had a strong presence in Germany
for many years, and we are proud that these significant
transactions will continue to grow our presence in Europe as we
work towards establishing a wholly-owned Bombardier service centre
in Berlin,” said Jean-Christophe Gallagher, Vice President and
General Manager, Customer Experience, Bombardier Aviation. “This
investment is critical to the expansion of our service footprint
in Europe and around the world, and as the service centre is set
to become a wholly-owned Bombardier service centre, our customers
will benefit from even more advantages and expertise offered by
the OEM.”
Strategically located at Berlin-Schönefeld
airport, the service centre has been providing exceptional MRO
services to Bombardier business aircraft customers since 1997.
With more than 160,000 sq. ft. (15,000 sq. metres) of service
capacity and 240 employees on site, the service centre provides customers with maintenance and
support for Bombardier’s growing fleet of Learjet, Challenger and
Global business jets based in Europe, Russia, Africa and the
Middle East.
“With this direction, we continue to develop new
reasons for customers to bring their jets to this location – and
seek new ways for customers to benefit from the highest quality
standards displayed by the dedicated, skilled teams on site,”
added Gallagher. “As Bombardier charts a new course with its jet
customers at the heart of our activities, we will continue to look
for ways to actively grow the service footprint and optimize our
service standard for our customers.”
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