RUAG sells business aviation sites in Geneva and Lugano

Dassault Falcon 50, Geneva ©RUAG

As part of its new strategic alignment, RUAG, the international technology group, is selling its Swiss business aviation sites. The buyer of the sites at the Geneva-Cointrin and Lugano-Agno airports is the French aerospace group Dassault Aviation. The successful sale of RUAG Business Aviation AG is the first step to realign the portfolio of RUAG.

Dassault Aviation  will acquire all shares of RUAG Business Aviation AG. This also includes all 73 members of staff at the Geneva site as well as the 14 members of staff at the Lugano site.

The successful sale of RUAG Business Aviation AG is the first transaction undertaken by RUAG International, following the strategic decision of the Federal Council.

The Geneva and Lugano sites offer a wide range of maintenance, repair and overhaul (MRO) services, as well as upgrades for selected private and business aircraft from manufacturers such as: Dassault Aviation, Piaggio, Bombardier, Embraer, Pilatus and Hawker Beechcraft. The maintenance facility at the Lugano-Agno site enjoys a unique position as the only provider of MRO services for business jets at the airport. The sites are both certified maintenance organisations in accordance with EASA Part 145. Also, in Lugano and Geneva, VIP passengers, pilots and crew members enjoy in-house FBO (Fixed Base Operator) services to make their journey as comfortable as possible.

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