Viking Air parent scoops up Dash 8 program for $300M

20.11.2018

Longview Aviation Capital Corp., parent company to Viking Air Limited, a Canadian aircraft manufacturer, recently agreed to acquire, through an affiliate, the entire Dash 8 program including the 100, 200 and 300 series and the in production Q400 program from Bombardier Inc.

Once completed, Longview will become North America’s largest commercial turbo-prop aircraft manufacturer. “The Dash 8 turbo-prop is the perfect complement to our existing portfolio of specialized aircraft including the Twin Otter and the Canadair CL 215 and 415 series of water bombers,” said David Curtis, CEO of Longview Aviation Capital.
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. Longview and Bombardier will work closely in the period until the closing of the transaction. The sale and transaction are expected to close by the second half of 2019.
www.vikingair.com