Dubai Aerospace Enterprise Ltd, an aircraft leasing and maintenance company controlled by the government of Dubai, is looking to sell its aviation services unit, StandardAero, for more than $1.8 billion, according to people familiar with the matter.
StandardAero
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The discussions of a possible merger between DAE and StandardAero has ended.
BBA Aviation confirmed reports that it is planning to merge with StandardAero and that it has already bought Maguire Aviation.