| Jet Aviation has announced that they have
| |
| | capable of providing expert airframe
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| been sold, pending antitrust clearance,
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| | support to just about any type of
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| to the Permira Funds a leading
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| | business aircraft.2. Completion Centers.
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| international private equity specialist.
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| | Some or all of the company's award
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| Ending several years of speculation, the
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| | winning completion centers are thought to
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| Zurich based operator of business jet
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| | be highly marketable. From the Boeing BBJ
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| services has finally accomplished what
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| | to the Gulfstream 550, and to the
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| had long been expected: the sale of the
| |
| | Sikorsky S-70A aircraft delivered "green"
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| Hirschmann family business to
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| | to Jet Aviation facilities are outfitted
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| outsiders.As early as 2000 the sale of
| |
| | with state of the art interiors.3. FBOs.
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| Jet Aviation had been expected by
| |
| | Jet Aviation's group of fixed based
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| employees as well as by industry
| |
| | operations which provide domestic and
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| insiders. Indeed, Jet Aviation management
| |
| | international flight handling, line
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| had been marketed openly throughout 2001
| |
| | maintenance services, refueling,
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| by Goldman Sachs, but the sale was
| |
| | passenger and crew transportation,
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| cancelled when a suitable buyer was not
| |
| | catering and hotel accommodations and
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| found and the terrorist attacks put a
| |
| | immigration and customs services are an
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| further drag on an already downturning
| |
| | important asset for the company. Indeed,
|
| economy. Still, rumors of the sale of the
| |
| | the Dubai facility -- Jet Aviation's
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| company persisted and heated up recently
| |
| | newest FBO -- is considered by some to be
|
| with speculation that one of Warren
| |
| | unmatched in the industry.4. Jet
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| Buffet's companies, i.e., Gulfstream
| |
| | Professionals. Founded in 1983, Jet
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| Aerospace, may have been interested in
| |
| | Professionals -- an aviation personnel
|
| the company's maintenance
| |
| | service provider -- became part of Jet
|
| facilities.Currently, Jet Aviation is a
| |
| | Aviation as part of the acquisition of
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| Zurich-based concern employing 3500
| |
| | K-C Aviation Transportation Services in
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| people worldwide. US operations remain
| |
| | 1996.5. Aircraft Management. Over 160
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| strong with the bulk of the employees
| |
| | aircraft worldwide are managed by Jet
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| working out of Teterboro [NJ]
| |
| | Aviation including more than 50 in the US
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| Airport.Even with the probable sale of
| |
| | alone. Many of these aircraft are also
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| the company to Permira, speculation is
| |
| | available for charter. US operations
|
| persisting as to what will become of the
| |
| | could be sold to Jet Aviation's strategic
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| company after the sale is completed. Some
| |
| | partner, New World Jet Corporation, a FAR
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| industry leaders believe that the company
| |
| | Part 135 charter certificate operator.In
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| is more valuable for its parts than as a
| |
| | all, the sale of Jet Aviation ends one
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| single entity. Thus, parts of the company
| |
| | big area of speculation while, at the
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| could be sold off and a scaled down Jet
| |
| | same time, it has opened up other areas.
|
| Aviation might remain in place. Areas of
| |
| | In the world of business aviation
|
| the company thought to be susceptible to
| |
| | speculation is business as usual.Matthew
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| a sale include:1. US Maintenance
| |
| | Keegan is The Article Writer who writes
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| Facilities. With prime locations at
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| | on just about any and every issue
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| Bedford, Teterboro, West Palm Beach, and
| |
| | imaginable.
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| Dallas the American facilities are
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| |
|
