Longview Aviation Capital Corp. agreed on November 7 to acquire the entire Dash 8 program from Bombardier Inc.
Longview Aviation Capital Corp. is the parent company to Viking Air Limited, a leading Canadian aircraft manufacturer. The acquisition includes the 100, 200 and 300 series and the in-production Q400 program. Also included as part of the transaction are rights to the de Havilland name and trademark in an all-Canadian transaction.
Once completed, Longview will become North America’s largest commercial turbo-prop aircraft manufacturer.
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 aircraft either currently in service or slated for production.
Longview will continue to independently operate the program at the original de Havilland manufacturing site located at Downsview, Ontario upon closing of the transaction. The Downsview site was sold by Bombardier earlier this year but, under the terms of a lease with the new owners and a license from Bombardier, production will remain on-site until at least 2021. As part of the transaction Longview also looks forward to welcoming Bombardier employees currently associated with the production, support and sales of the Dash 8 program.
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.
— Viking Air