Longview launches De Havilland Canada with close of $300 mln deal
Longview Aviation Capital Corp has acquired the Dash 8 turboprop program, and the rights to the de Havilland name and trademark, from Bombardier Inc. In a separate release, Bombardier said the deal generated proceeds of about $300 million. With the close, Longview launched De Havilland Aircraft of Canada Ltd. The company, led by COO Todd Young, formerly of Bombardier, will operate the Dash 8 aircraft business, which includes the in-production Q400 program. De Havilland Canada will produce, service and support Dash 8 and Q400 aircraft from the Downsview site in Toronto. Founded in 2016, Longview makes long-term investments in the Canadian aerospace industry.
11 June 2019•4 mins read
