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BBA's $2.1 Billion Carlyle Deal Signals Return of Business Jet

  • Purchase of Landmark Aviation expands fixed-base network
  • BBA to fund acqusition through debt and rights offer

BBA Aviation Plc, the No. 1 provider of airport bases for business jets, agreed to buy rival Landmark Aviation for $2.07 billion, betting that the luxury-aviation sector has finally escaped the global slump.

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