Jet Aviation restructuring plan includes sales

12/24/2012 |

In a move aimed at restructuring its services business, Jet Aviation plans to sell two of its key European maintenance, repair and overhaul facilities to Cessna Aircraft. The sale of the facilities in Zurich, Switzerland and Dusseldorf, Germany, is expected to be completed by the end of the year and does not include the company's fixed-base operations at those locations.

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