|Date Announced:||November 08, 2018|
|Client Name:||Longview Aviation Capital Corp.|
Bennett Jones is representing Longview Aviation Capital Corp., parent company to Viking Air Limited and a leading Canadian aircraft manufacturer, in its acquisition of the entire Dash 8 program including the 100, 200 and 300 series and the in-production Q400 program from Bombardier Inc. Also included as part of the transaction are rights to the de Havilland name and trademark in an all-Canadian transaction.
As part of the agreement, Longview will receive all assets and intellectual property and Type Certificates associated with the Dash 8 program. Upon the closing of the transaction, Longview will also assume responsibility for the worldwide product support business – covering more than 1,000 aircrafts either currently in service or slated for production.
Once completed, Longview will become North America’s largest commercial turbo-prop aircraft manufacturer.
This transaction builds on Longview’s established track record of acquiring and successfully operating significant aircraft manufacturing, parts and serving programs including the Twin Otter program and the Canadair CL 215 and 415 waterbomber series.
The transaction is subject to typical closing conditions and the receipt of regulatory approvals. The sale and transaction are expected to close by the second half of 2019.