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Bombardier sells its Flexjet assets to group led by Directional Aviation Capital for $185 million

December 2013

Client(s) Bombardier Inc.

Jones Day advised Bombardier Inc. in the sale of its Flexjet assets, which provide fractional jet ownership services, to a newly created company, Flexjet, LLC, funded by a group led by Directional Aviation Capital for $185 million. In addition, Flexjet LLC has placed a firm order with Bombardier for 85 business aircraft valued at approximately $1.8 billion and options for an additional 160 Bombardier business jets with a total value of approximately $5.2 billion if all options are exercised.

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