Exclusive: Carlyle looks to sell Landmark Aviation for $1.7 billion

August 28, 2015 11:28 PM

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Exclusive: Carlyle looks to sell Landmark Aviation for $1.7 billion

Carlyle Group LP (CG.O) has been exploring a sale of aircraft leasing and maintenance company Landmark Aviation for as much as $1.7 billion, according to people familiar with the matter.

The business jet market is slowly recovering from a downturn sparked by the global financial crisis helping valuations for companies offering services to that industry.

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