Bombardier to acquire full ownership of LBAS joint venture from Lufthansa Technik and ExecuJet

Bombardier has reached share purchase agreements to acquire all outstanding shares of the Lufthansa Bombardier Aviation Services (LBAS) joint venture from Lufthansa Technik and ExecuJet Aviation Group. The deal will give Bombardier a wholly owned service centre in Berlin.

“Bombardier has reached share purchase agreements with Lufthansa Technik and ExecuJet Aviation Group.”airport-technology.com

• 2 sources
• airport-technology.comBombardier enters SPAs with Lufthansa Technik and ExecuJet AviationJangoulun SingsitSep 29, 2020
• airport-technology.comBombardier reaches deal to sell aerostructures business to SpiritNancy VictorOct 26, 2020

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