German investor Intro Aviation—which acquired Irish regional CityJet and its Belgium-based subsidiary VLM in April 2014—has sold CityJet following a successful turnaround program to CityJet founder Pat Byrne and a consortium of private investors. No details were given on the value of the deal or the name of the consortium. Byrne established CityJet more than 20 years ago. Intro Aviation founder Hans Rudolf Wöhrl had told ATW in December that CityJet was ...

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