M&A Deal Summary

Alpine Air Express Acquires Great Lakes Airlines

On April 8, 2020, Alpine Air Express acquired airliner Great Lakes Airlines

Acquisition Highlights
  • This is Alpine Air Express’ 1st transaction in the Airlines sector.
  • This is Alpine Air Express’ 1st transaction in the United States.
  • This is Alpine Air Express’ 1st transaction in Wyoming.

M&A Deal Summary

Date 2020-04-08
Target Great Lakes Airlines
Sector Airlines
Buyer(s) Alpine Air Express
Deal Type Add-on Acquisition

Target

Great Lakes Airlines

Cheyenne, Wyoming, United States
Great Lakes Airlines is a regional airline, operating domestic scheduled and charter services. Great Lakes Airlines was founded in 1977 and is based in Cheyenne, Wyoming.

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Buyer(S) 1

Buyer

Alpine Air Express

Provo, Utah, United States

Category Company
Founded 1975
Sector Transportation
DESCRIPTION

Alpine Air Express is an air cargo operator with a long and distinguished history providing its customers with safe and reliable air cargo transportation services primarily throughout attractive growth markets in the Mountain Region of the Western United States. Alpine Air Express was founded in 1975 and is based in Provo, Utah.


DEAL STATS #
Overall 1 of 2
Sector (Airlines) 1 of 1
Type (Add-on Acquisition) 1 of 2
State (Wyoming) 1 of 1
Country (United States) 1 of 2
Year (2020) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-04-18 Suburban Air Freight

Omaha, Nebraska, United States

Suburban Air Freight is a Part-135 regional air cargo carrier providing dedicated air cargo services to DHL and other leading customers. Much like Alpine, Suburban primarily operates a fleet of Beech 1900s and operates a highly complementary integrated maintenance operations team. Suburban Air Freight was formed in 1984 and is based in Omaha, Nebraska.

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