Podcast: Flexjet Flies Solo

Editorial Staff

Wednesday, October 23, 2013 at 12:00 AM ET

Verified

Key Takeaways:

Bombardier sold its fractional ownership arm, Flexjet, to a group of investors in September.
Following the acquisition, the new investors placed significant aircraft orders for Flexjet, totaling up to 265 airplanes (firm orders and options).
Flexjet President Deanna White discussed how these transactions strategically position the company for its future.

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In September, Bombardier announced Flexjet, its fractional arm, had been sold to a group of investors. The investors promptly ordered up to 245 airplanes (firm orders and options) and on Monday added another 20 aircraft options. AVweb’s Russ Niles spoke with Flexjet President Deanna White about how the flurry of transactions positions Flexjet for the future.

Duration:

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