|
|
Article: H.I.G. Capital Completes Acquisition of Flight Options.
- Article from:
- Business Wire
- Article date:
- November 30, 2007
CopyrightCOPYRIGHT 2007 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Flight Options Announces an Order for Nearly $1 Billion Worth of Phenom 300 Aircraft from Embraer
MIAMI -- H.I.G. Capital, LLC, a leading global private equity firm, announced today that it has completed the previously announced acquisition of Flight Options LLC from Raytheon Company. Terms were not disclosed. In conjunction with the closing of the transaction, Flight Options announced it has placed an order for nearly $1 billion worth of Phenom 300 light-jets with Embraer. The best-in-class Phenom 300 features unmatched amenities and low operating costs. The aircraft was specifically engineered for high utilization and reliability; characteristics that make it a ...