Tag: acquisition

Archer completes first phase of transactions to acquire control of Hawthorne Airport

Archer Aviation announced that it has now completed the first phase of its Hawthorne Airport transactions, which includes the acquisition of the master lease from the City of Hawthorne and the associated subleases, giving it control of the real estate that makes up the airport. In early November,...

Skyservice Business Aviation's Seattle FBO joins Paragon network

World Kinect Corporation completes acquisition of Universal Weather and Aviation’s Trip Support Services Business

World Kinect Corporation  today announced that it has completed its previously announced acquisition of the Trip Support Services (TSS) division of Universal Weather and Aviation. Universal Weather, headquartered in Houston, Texas, has been a pioneer in trip support services with deep expertise...

Freeman Holdings Group acquires Waco, Texas, FBO

Freeman Holdings Group has announced the acquisition of Texas Aero at Waco Regional Airport (KACT), marking another strategic expansion of its growing national network of premium fixed-base operator facilities. The purchase, effective October 30, includes Texas Aero’s full-service FBO—to be r...

Signature Aviation agrees to acquire Fort Lauderdale Executive Jet Center

Signature Aviation has signed an agreement to acquire Fort Lauderdale Executive Jet Center, a premier full-service private aviation terminal at Fort Lauderdale Executive Airport (FXE) which offers personalised hospitality, comprehensive aircraft support, and convenient access to the significant busi...

FlyHouse announces plans to acquire Sun Air Jets

FlyHouse, the private aviation company redefining jet charter through transparency, technology, and service, has entered into a definitive agreement to acquire Sun Air Jets, a Southern California-based aircraft management and charter operator. The transaction represents a strategic expansion of F...

Aero-Dienst GmbH acquires AeroVisto Interior Services AG

Aero-Dienst, the German full-service provider for business aviation and air ambulance services, has announced the acquisition of Swiss company AeroVisto Interior Services. For Aero-Dienst, as a 100% subsidiary of ADAC SE and with decades of experience in the fields of maintenance, ambulance servi...

flyExclusive announces strategic acquisition of Volato’s aircraft sales division, Vaunt Platform, and Mission Control software

flyExclusive, Inc., a provider of premium private jet experiences, today announced it has entered into a structured agreement with Volato Group, Inc. to acquire Volato’s aircraft sales division, expected to generate $6-8 million in profit in fourth quarter 2025, for $2.1 million in stock. The a...

Wheels Up announces divestiture of non-core services businesses

Wheels Up Experience Inc. today announced that it has sold three non-core services businesses – Baines Simmons, Kenyon International Emergency Services and Redline Assured Security – to TrustFlight Ltd. for approximately $20 million in proceeds before transaction-related expenses. The acquis...

Aero Centers acquires Sheltair Lakeland FBO

Aero Centers, a growing portfolio of full-service FBOs, has announced the acquisition of the Sheltair FBO Lakeland facility located at Lakeland Linder International Airport (KLAL). This strategic addition complements Aero Centers’ existing FBO operations at KLAL and reinforces the company’s c...

Joby to acquire Blade’s passenger business, accelerating air taxi commercialization

Joby Aviation, Inc., a company developing electric air taxis for commercial passenger service, today announced it has entered into a definitive agreement with Blade Air Mobility, Inc. to purchase Blade’s leading urban air mobility passenger business. Blade's Medical division, which was not incl...

Baykar completes acquisition of Piaggio Aerospace’s business complexes

The transfer of the business complexes of Piaggio Aero Industries and Piaggio Aviation – the two companies under operating under the Piaggio Aerospace brand – to the Turkish aerospace firm Baykar was formally completed today at the Ministry of Enterprises and Made in Italy. Minister Adolfo Ur...

Broward Aviation acquires Support Air in strategic expansion move

Florida-based Broward Aviation Services Group has acquired Support Air, a specialist in aircraft materials and repair management programmes, as part of a strategic effort to expand its capabilities across Boeing and Airbus platforms. Support Air, based in Miamisburg, Ohio, provides advanced excha...

ALTEA reflects on Corporate Jet Investor Conference

New US FBO chain launches with acquisition of New Hampshire Airport facility

A new fixed-base operator (FBO) chain has been launched in the United States with the acquisition of Infinity Aviation Group, the sole service provider at Nashua Airport/Boire Field (KASH) in New Hampshire. The deal was led by aviation industry veteran Steven Levesque, with financial backing from...

Pinnacle Aviation expands into aircraft maintenance with Aviation One acquisition

Pinnacle Aviation, a prominent US-based business aviation company, has announced the acquisition of Aviation One, a certified Part 145 repair station. The move marks a significant strategic expansion for the Scottsdale Airport-headquartered firm, allowing it to offer retail maintenance and mobile...

HEICO acquires in-flight entertainment specialist Rosen Aviation

HEICO Corporation has announced the acquisition of Rosen Aviation, a U.S.-based designer and manufacturer of in-flight entertainment (IFE) systems, through its subsidiary Mid Continent Controls (MC2). The deal, which was completed for an undisclosed cash sum, marks HEICO’s fourth acquisition in...

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