Tag: mergers

FlyExclusive sees 10% revenue gain, cuts losses in Q1 2025

FlyExclusive clocked $88.1 million in Q1 revenues, and improved reliability as Adjusted EBITDA loss narrowed to $6.3 million.

May 14, 2025

FlyUSA buys Pilatus PC-12 operator Tryp Air Charter

Tryp Air Charter and MySky Aviation Solutions are being acquired by Tampa, Florida-based FlyUSA expanding its charter fleet.

May 5, 2025

Premier Private Jets acquires FBO from Wheels Up

Charter and jet card operator Premier Private Jets expands its FBO footprint after acquiring a CVG location from Wheels Up.

April 10, 2025

Bloomberg: VistaJet, XO parent Vista Global could IPO

VistaJet and XO parent Vista Global wants to IPO in the next three years following an anticipated sale of convertible preference shares.

February 24, 2025

FlyExclusive reaches definitive agreement to acquire Jet.AI division

Jet.AI becomes a pure-play AI provider after selling its aviation division, which includes jet cards, fractional, and charter to FlyExclusive.

February 14, 2025

Private aviation execs say operator M&A fraught with risks

Buyer beware! The ongoing flow of mergers, acquisitions, raises, and investments in the operator space often don't end well for investors.

February 3, 2025

Magellan Jets makes second technology acquisition

Magellan Jets is bolstering its tech side by buying Fly Louie’s Platinum Charter sourcing, scheduling, and sales division.

December 4, 2024

Wheels Up to acquire GrandView, modernize fleet, adds financing

Delta Air Lines-backed Wheels Up is adding $332 million in financing from BoA, moving to a Challenger 300/350, Phenom 300 fleet.

October 22, 2024

Volato warns 'risk' to Insider jet card members

'[W]e cannot guarantee the ability to refund all or any portion of your balance,' Volato is telling Insider clients.

September 19, 2024

Volato expands on next steps after FlyExclusive deal

Volato confirmed plans to continue taking delivery of HondaJets and Gulfstream G280s it has on order following last week's deal with FlyExclusive.

September 4, 2024

Make The Right Decision

Compare Jet Cards by 65+ Variables That Matter

If you want a program-by-program comparison of more than 250 products from more than 50 companies covering 65 points of differentiation and over 40,000 data points, we have organized it all into a single easy-to-use and compare spreadsheet.