Stock Market Listing and Representatives Aviation

stock market listing: Carlyle initially looked at cashing out of Landmark via a stock market listing, but in the past few months has broadened out that process to include a possible outright sale, according to Euro News. Two of the sources said that Landmark Aviation earnings before interest, taxes, depreciation and amortization were around $170 million over a trailing 12-month period. 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. The sources asked not to be identified because the deliberations are not public. Representatives for Landmark Aviation did not immediately respond to a request for comment. Carlyle declined to comment. (news.financializer.com). As reported in the news.

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