Bombardier continues global customer service expansion

Bombardier has entered into share purchase agreements with each of Lufthansa Technik and ExecuJet Aviation Group to acquire all of the issued and outstanding shares of Lufthansa Bombardier Aviation Services (LBAS) that it does not own. This transaction enables Bombardier to further expand its worldwide customer support footprint by establishing a wholly-owned service centre in Berlin. The transactions are subject to customary closing conditions with closings anticipated to occur before the end of the year. “Bombardier has had a strong presence in Germany for many years, and we are proud that these significant transactions will continue to grow our presence