3 July 2019:RUAG is selling its Swiss business aviation sites at the Geneva-Cointrin and Lugano-Agno airports to Dassault Aviation as part of its new strategic alignment. All of the 87 employees that work at these sites will continue to work there.
The successful sale of RUAG Business Aviation AG is the first step to realign the portfolio of RUAG.
The sale of RUAG Business Aviation AG is also the first transaction undertaken by RUAG International, after the strategic decision of the Federal Council.