Add-on Acquisition • Airlines

FlyUSA Acquires TRYP Air Charter

On May 5, 2025, FlyUSA acquired airliner TRYP Air Charter

Acquisition Context
  • This is FlyUSA’s 1st transaction in the Airlines sector.
  • This is FlyUSA’s 2nd transaction in the United States.
  • This is FlyUSA’s 2nd transaction in Florida.

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M&A Deal Summary

Date May 5, 2025
Target TRYP Air Charter
Sector Airlines
Buyer(s) FlyUSA
Deal Type Add-on Acquisition

Target Company

TRYP Air Charter

Lakeland, Florida, United States
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.
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Buyer Overview 1

Buyer

FlyUSA

Clearwater, Florida, United States

Category Company
Sector Aerospace
DESCRIPTION

FlyUSA is an asset-light, technology-enabled business providing end-to-end private aviation solutions to over 700 US-based clients. The company provides on-demand charter services as well as aircraft acquisition and management services. It has 15 planes under management across the Tampa Bay Region and also operates the Clearwater Airpark (KCLW) and it's FBO through a lease with the City of Clearwater. FlyUSA is based in Clearwater, Florida.


Deal Context for Buyer #
Overall 2 of 2
Sector: Airlines 1 of 1
Type: Add-on Acquisition 2 of 2
State: Florida 2 of 2
Country: United States 2 of 2
Year: 2025 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-06-27 3B Aviation

Dunedin, Florida, United States

3B Aviation operates 13 privately managed aircraft situated across the Tampa Bay region. 3B Aviation was formed in 2012 and is based in Dunedin, Florida.

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