Airlines M&A Transactions

TRYP Air Charter specializes in on-demand charter flights using Pilatus PC-12 turboprops. TRYP Air Charter was founded in 2020 and is based in Lakeland, Florida.

FlyUSA
Company
Aerospace
Clearwater, Florida
www.flyusa.com

Canadian North provides essential passenger and cargo services to 24 remote Canadian Arctic communities in Nunavut and the Northwest Territories, from its southern gateways in Ottawa and Edmonton. Canadian North was formed in 1946 and is headquartered in Kanata, Ontario.

Exchange Income Corporation
Company
Diversified
Winnipeg, Manitoba
www.exchangeincomecorp.ca
Advisor: Torys

Jet.AI's Aviation Business provides aviation services.

flyExclusive
Company
Airlines
Kinston, North Carolina
www.flyexclusive.com

Jet.AI
Company
Software
Las Vegas, Nevada
www.jet.ai

SkyNorth Air is an air ambulance provider specializing in transporting patients requiring time-sensitive and critical medical attention from remote communities to hospitals. SkyNorth Air is based in Winnipeg, Manitoba.

Northway Aviation
Company
Transportation
Andrews, Manitoba
www.northwayav.com

Seair Seaplanes is a seaplane operator offering scheduled flights, scenic tours, and charter services. Seair Seaplanes was founded in 1982 and is based in Vancouver, British Columbia.

Krystal Growth Partners
Investor
Private Equity Firm
Vancouver,
www.krystalgp.com

Asiana Airlines is a multinational airline serving passengers throughout Asia. Asiana Airlines was formed in 1988 and is headquartered in Seoul, South Korea.

Korean Air
Company
Airlines
Seoul, South Korea
www.koreanair.com

Luxaviation is a provider of airline services. Luxaviation a versatile fleet of over 200 aircraft and has built a highly respected team of aviation specialists to support our goal of becoming the provider at the premium end of the Euro-Asian private aviation sector. Luxaviation was founded in 2008 and is based in Luxembourg, Luxembourg.

Saphir Capital Partners
Investor
Private Equity Firm
Luxembourg, Luxembourg
www.saphircapitalpartners.com

Stellar Blu Solutions is a provider of developing cutting-edge connectivity, network, and avionics solutions for next-generation satellite networks. Focused on continuing the development of aircraft communications technologies for the world’s leading airlines, as well as solutions for other aerospace and mobility markets, Stellar Blu provides turn-key inflight connectivity solutions including terminal development, aircraft integration, and certification and installation packages.

Gilat Satellite Networks Ltd.
Company
Technology Hardware
Petah Tikva, Israel
www.gilat.com
Advisors: Crowell & Moring , Naschitz, Brandes, Amir & Co. , Carter Ledyard & Milburn , William Blair

FB Aviation provides premier services for business aviation travelers with approximately 270,000 square feet of hangar space, an executive terminal and office facilities. FB Aviation is based in Opa-locka, Florida.

Skyservice
Company
Aerospace
Toronto, Ontario
www.skyservice.com

Flybondi is a new airline that brings the low-cost carrier (“LCC”) model to Argentina. It expects to transport 10 million passengers in 5 years and double the air travel market in Argentina. Flybondi was formed in 2016 and is based in Buenos Aires, Argentina.

Cartesian Capital Group
Investor
Private Equity Firm
New York, New York
www.cartesiangroup.com

Joby Aviation is a transportation company developing an all-electric vertical takeoff and landing aircraft which it intends to operate as part of a fast, quiet, and convenient air taxi service beginning in 2024. The aircraft, which has a maximum range of 150 miles on a single charge, can transport a pilot and four passengers at speeds of up to 200 mph. It is designed to help reduce urban congestion and accelerate the shift to sustainable modes of transit. Founded in 2009, Joby employs around 1,000 people, with offices in Santa Cruz, San Carlos, and Marina, California, as well as Washington, D.C. and Munich, Germany. Joby Aviation was founded in 2009 and is based in Santa Cruz, California.

SK Telecom
Company
Communications
Seoul, South Korea
www.sktelecom.com

MS Aviation offers a full range of services for air fleet management, continuing airworthiness, employment of aviation staff and arranging charter flights. MS Aviation is based in Kottingbrunn, Austria.

Bestfly
Company
Airlines
Luanda, Angola
www.bestfly.aero

Pioneer Business Services offers comprehensive services for private aircraft owners and passengers, including end-to-end aircraft management and flexible charter options. Pioneer Business Services is based in Newburgh, New York.

Elit’Avia
Company
Aerospace
Safi, Malta
www.elitavia.com

Worldwide Flight Services is a provider of ground services at over 60 major airports. WFS provides ramp, passenger, cargo, and technical services for more than 200 domestic and international airlines, including American, Continental, British Airways, Cathay Pacific, and Korean Airlines. Worldwide Flight Services was founded in 1984 and is based in Roissy, France.

SATS
Company
Business Services
Singapore, Singapore
www.sats.com.sg

Cerberus Capital Management
Investor
Asset Manager
New York, New York
www.cerberuscapital.com

PrimeFlight Aviation Services provides major airlines, airports, cargo, and general aviation customers with GSE maintenance, ground handling services, aircraft services, into-plane fueling, deicing, aviation cleaning supplies, and terminal services, across a global footprint. PrimeFlight Aviation Services is based in Sugar Land, Texas.

The Sterling Group
Investor
Private Equity Firm
Houston, Texas
www.sterling-group.com
Advisor: McDermott Will & Emery

Capitol Meridian Partners
Investor
Private Equity Firm
Washington, District of Columbia
www.capitolmeridian.com
Advisor: McDermott Will & Emery

The Carlyle Group
Investor
Private Equity Firm
Washington, District of Columbia
www.carlyle.com
Advisor: Latham & Watkins

Flair Airlines operated as a charter carrier before transitioning to scheduled service in 2017. To consistently offer affordable air travel to Canadians with a fleet that now includes Boeing 737-800s – Flair is focused on key airports, with its main transfer hub in Edmonton and a network that supports seasonal demand. Flair Airlines was founded in 2005 and is based in Kelowna, British Columbia.

GO7
Company
Information Technology
London, United Kingdom
www.go7.io

777 Partners
Investor
Private Equity Firm
Miami, Florida
www.777part.com