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Las Vegas-based Jet Token Inc. said it has entered into a $40 million investment commitment from GEM Global Yield LLC SCS.
Surf Air Mobility said it has entered into a definitive agreement, subject to closing conditions and regulatory approval, which will result in a merger with Southern Airways Corporation, parent company of Southern Airways.
Wheels Up closed on its acquisition of U.K.-based Air Partner. The $107 million deal was announced earlier this year on January 27.
Medical evacuation specialist Global Medical Response has acquired Baltimore-based GrandView Aviation. The deal includes its 130 employees and fleet of Phenom 300 light jets. It’s the seventh M&A deal involving private jet charter operators and brokers so far in 2022.