Interesting:
Valuations for the sector are hard to come by, as the firms involved are largely privately-owned. But Bombardier last year sold FlexJet for $195 million in a deal estimated by analysts to be worth between 8 and 9 times core earnings (EBITDA).
VistaJet has core earnings of around $100 million, one of the sources said, giving a deal value of up to $900 million at those multiples.
So profit or a future does not matter but turnover does....
That is business aviation for you
