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  6. Southern Airways Express Acquires Mokulele Airlines

M&A Deal Summary

Southern Airways Express Acquires Mokulele Airlines

On February 12, 2019, Southern Airways Express acquired aerospace company Mokulele Airlines

Acquisition Highlights
  • This is Southern Airways Express’ 1st transaction in the Aerospace sector.
  • This is Southern Airways Express’ 1st transaction in the United States.
  • This is Southern Airways Express’ 1st transaction in Hawaii.

M&A Deal Summary
Date 2019-02-12
Target Mokulele Airlines
Sector Aerospace
Buyer(s) Southern Airways Express
Deal Type Add-on Acquisition

Target

Mokulele Airlines

Kailua-Kona, Hawaii, United States
Formed in 1994, Mokulele Airlines is a family-owned and operated airline based in Kona, Hawaii.

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Buyer(S) 1

Buyer

Southern Airways Express

Pompano Beach, Florida, United States
Category Company
Founded 2013
Sector Aerospace
DESCRIPTION

Southern Airways Express is a Mississippi-based airline, offering scheduled regional air service to over twenty cities in the Gulf and Mid-Atlantic regions. Southern operates a fleet of two dozen aircraft, including the Cessna Caravan and Grand Caravan, as well as the Piper Chieftain.

DEAL STATS #
Overall 1 of 1
Sector: Aerospace M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Hawaii M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2019 M&A 1 of 1
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