M&A Deal Summary

Jet Aviation Acquires Avjet Corp - Aircraft Management and Charter Services

On March 9, 2016, Jet Aviation acquired airliner Avjet Corp - Aircraft Management and Charter Services from Avjet

Acquisition Highlights
  • This is Jet Aviation’s 1st transaction in the Airlines sector.
  • This is Jet Aviation’s 1st transaction in the United States.

M&A Deal Summary

Date 2016-03-09
Target Avjet Corp - Aircraft Management and Charter Services
Sector Airlines
Buyer(s) Jet Aviation
Sellers(s) Avjet
Deal Type Divestiture

Target

Avjet Corp - Aircraft Management and Charter Services

United States
Avjet Corp, - Aircraft Management and Charter Services is a provider of airplane services.

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Buyer(S) 1

Buyer

Jet Aviation

Zurich, Switzerland

Category Company
Founded 1967
Sector Aerospace
Employees5,600
DESCRIPTION

Jet Aviation is a Swiss-based international business aviation services company. The company provides maintenance, completions and refurbishment, engineering and fixed base operations, along with aircraft management, charter services, aircraft sales and personnel services.


DEAL STATS #
Overall 1 of 4
Sector (Airlines) 1 of 1
Type (Divestiture) 1 of 4
Country (United States) 1 of 1
Year (2016) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-04-12 Hawker Pacific Air

Australia

Hawker Pacific Pty Ltd. is an aviation solutions provider including civil MRO, government fleet management, FBO services, aircraft management, aircraft sales and parts sales.

Buy $250M

Seller(S) 1

SELLER

Avjet

Burbank, California, United States

Category Company
Founded 1979
Sector Airlines
DESCRIPTION

Avjet Corp. is a provider of entire range of executive aircraft services.


DEAL STATS #
Overall 1 of 1
Sector (Airlines) 1 of 1
Type (Divestiture) 1 of 1
Country (United States) 1 of 1
Year (2016) 1 of 1