German investor Intro Aviation—which acquired Irish regional CityJet and its Belgium-based subsidiary VLM in April 2014—plans to sell CityJet following a successful turnaround program. Intro Aviation founder Hans Rudolf Wöhrl told ATW the “timing to sell CityJet is now ideal.” He said there are “already some potential interested investors for CityJet,” but declined to name the companies while negotiations are ongoing. “The company is solid, ...

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