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Flight Design Under New Ownership


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Flight Design, which has been in receivership in Germany since February 2016, is now under new ownership, the company announced on Wednesday. Lift Air, from Eisenach, Germany, has taken over all assets and operation of the company. “I am glad that we are able to maintain the know-how of one of the world’s market leaders in the light aircraft sector and to secure it with a well-funded investor,” said Knut Rebholz, the insolvency administrator for the company, in a news release.

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