M&A Deal Summary

Jet Aviation Acquires Luxaviation’s Swiss Aircraft Management and Charter Division

On June 25, 2021, Jet Aviation acquired aerospace company Luxaviation’s Swiss Aircraft Management and Charter Division from Luxaviation

Acquisition Highlights
  • This is Jet Aviation’s 3rd transaction in the Aerospace sector.
  • This is Jet Aviation’s 2nd transaction in Switzerland.

M&A Deal Summary

Date 2021-06-25
Target Luxaviation’s Swiss Aircraft Management and Charter Division
Sector Aerospace
Buyer(s) Jet Aviation
Sellers(s) Luxaviation
Deal Type Divestiture

Target

Luxaviation’s Swiss Aircraft Management and Charter Division

Zurich, Switzerland
Luxaviation’s Swiss Aircraft Management and Charter Division fleet management services in Europe

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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 4 of 4
Sector: Aerospace M&A 3 of 3
Type: Divestiture M&A Deals 4 of 4
Country: Switzerland M&A 2 of 2
Year: 2021 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-25 ExecuJet’s Zurich FBO and Hangar Operations

Zurich, Switzerland

ExecuJet’s Zurich FBO and Hangar Operations include one near-5,000 square-meter hangar and one 2,500 square-meter hangar; two private ramps at 4,620 and 5,760 square meters; a 500 square-meter vehicle parking area; and a multifunctional, state-of-the-art terminal for passengers and crews.

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Seller(S) 1

SELLER

Luxaviation

Luxembourg, Luxembourg

Category Company
Founded 2008
Sector Airlines
Employees520
DESCRIPTION

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.


DEAL STATS #
Overall 1 of 1
Sector: Aerospace M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Switzerland M&A 1 of 1
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-05-05 ExecuJet Aviation Group AG

Zurich, Switzerland

ExecuJet Aviation Group AG provides business aviation services.

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