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In a video update, Air Partner CEO Mark Briffa told listeners that the U.S. private jet business “remains strong” and there are signs of a recovery in the U.K.
Jet card and charter broker Air Partner says its Redline division has won two multi-year contracts for security solutions.
Redline, an Air Partner company and a leading global security solution provider, has recently secured six business wins with U.K. and international customers, totaling over £1 million in revenues. Customers include international airports, public transport operators, regulatory bodies, and government support agencies.
Air Partner plc, the global aviation services group, announced that it has acquired the entire issued share capital of Redline Worldwide Limited, trading as Redline Assured Security, a global aviation security solutions and training company
Air Partner paying is up to $13 million on a debt-free, cash-free basis, with an initial consideration of $10.5 million payable on completion and additional consideration of up to $2.5 million payable over two years post-completion.