50 SKY SHADES - World aviation news

Jet Aviation completes acquisition of Hawker Pacific

Download: Printable PDF Date: 02 May 2018 18:20 (UTC) categories:
Publisher:
Jet Aviation completes acquisition of Hawker Pacific - Finance publisher
Tatjana Obrazcova
Country: Switzerland Aircraft: Airplanes

Jet Aviation announced that it has completed its acquisition of Hawker Pacific, a leading provider of Civil MRO, Fleet and FBO Services, and Aircraft Sales across Asia Pacific and the Middle East. The transaction is valued at US$250 million.

Rob Smith, president of Jet Aviation, said: “We are now in a position to further expand our current portfolio, enter new markets across Asia-Pacific and the Middle East, and offer more options and value to our customers worldwide. Bringing together these two well-established brands reinforces our position as one of the world’s leading business aviation service providers.”

As part of this acquisition, Jet Aviation will add 19 locations across Asia Pacific and the Middle East to its global network, including 7 FBOs, 14 MRO facilities and over 400,000 sq ft of hangar space. More than 800 employees will also become a part of Jet Aviation.





Recommended

flydubai to host UAE National Careers Open Day, showcasing aviation career opportunities for Emirati talent

flydubai will host its UAE National Careers Open Day on 16 August at the flydubai Campus, inviting UAE nationals to explore rewarding careers with one of the region’s fastest-growing airlines an...

Capital Jets expands fleet with addition of Learjet 60XR

Capital Jets, an aircraft management company and 14 CFR Part 135 aircraft operator, has expanded its operations with the addition of a Learjet 60XR. Based at Fort Lauderdale-Hollywood Internation...

Chapman Freeborn launches in-house ICS2 declaration service

Chapman Freeborn launched an in-house Import Control System 2 (ICS2) declaration service for companies moving cargo into or through Europe.Developed by Chapman Freeborn’s specialist team in Germ...

Archer’s Midnight completes city-to-city flights in California ahead of White House’s eIPP

Archer Aviation completed a piloted roundtrip journey with its all-electric Midnight aircraft on July 30th, departing from Salinas Municipal Airport and landing at Monterey Regional Airport...

Android Apps development in Riga, Latvia