M&A Deal Summary

iAero Group Acquires Swift Air

On December 12, 2018, iAero Group acquired airliner Swift Air

Acquisition Highlights
  • This is iAero Group’s 1st transaction in the Airlines sector.
  • This is iAero Group’s 1st transaction in the United States.
  • This is iAero Group’s 1st transaction in Arizona.

M&A Deal Summary

Date 2018-12-12
Target Swift Air
Sector Airlines
Buyer(s) iAero Group
Deal Type Add-on Acquisition

Target

Swift Air

Phoenix, Arizona, United States
Swift Air is an independent airline charter business in the US with twenty-seven 737 aircraft providing services to professional and collegiate sports teams, entertainers, vacation companies domestically and internationally and government agencies. Swift Air is based in Phoenix, Arizona.

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Buyer(S) 1

Buyer

iAero Group

Miami, Florida, United States

Category Company
Sector Aerospace
DESCRIPTION

iAero Group is an integrated aviation platform provides a full range of services including engine and airframe MRO services, engine and airframe sale and leasing, and flight charter services.


DEAL STATS #
Overall 1 of 1
Sector: Airlines M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Arizona M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2018 M&A 1 of 1