Podcast: Flexjet Flies Solo

Editorial Staff

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

Verified

Key Takeaways:

Flexjet, Bombardier's fractional arm, was recently sold to a group of investors in September.
The new investors immediately placed substantial aircraft orders, initially for up to 245 planes (firm and options), and subsequently added another 20 options.
The article covers an interview with Flexjet President Deanna White discussing how these transactions position the company for future growth.

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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.

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