
GENERAL DYNAMICS
Tue, 19/08/2008GENERAL DYNAMICS ACQUIRES JET AVIATION
Jet Aviation, one of the leading Business Aviation services companies in the world, based in Zurich, announces change in its ownership structure: General Dynamics and Dreamliner Lux S.a.r.l., a company controlled by the Permira Funds, which acquired a majority stake in Jet Aviation in October 2005, signed a sale and purchase agreement yesterday. As part of this agreement, General Dynamics will acquire all shares of the Jet Aviation Group. This transaction will expand General Dynamics Aerospace Business Aviation operations into global flight support services.

