CityJet’s acquisition of Blue1

CityJet Limited

Posted on

1 Oct

2015

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Completed

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Dittmar & Indrenius > References > CityJet’s acquisition of Blue1

We advised CityJet in its acquisition of Blue1 from SAS as part of a larger collaboration between the parties, in which CityJet wet leases eight new aircraft to SAS for regional jet services.

We acted as sole legal advisor to CityJet. The deal involved complex air transport regulatory matters, service arrangements and extensive employee reorganisations.

The cooperation with SAS was fundamentally important for CityJet’s growth and development, strengthening its market position across Europe and facilitating ongoing investment and growth. The sale was expected to increase cost efficiency and flexibility for SAS. Concurrent to the acquisition, SAS also entered into an agreement with CityJet on the wet lease of eight new Bombardier CRJ900s.

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