50 SKY SHADES - World aviation news

Swift Air Joins iAero Group

Download: Printable PDF Date: 26 May 2019 02:29 category:
Publisher:
Swift Air Joins iAero Group - Airlines publisher
Krista Kuznecova
Country: United States Aircraft: Airplanes

 iAero Group, a leading integrated aviation platform business headquartered at Miami International Airport, completed the acquisition of Swift Air, the leading independent airline charter business in the United States. Swift Air now joins engine MRO AeroThrust and airframe MRO AeroTech under the iAero Group integrated aviation platform family.

Swift Air will now have access to iAero Group's MRO capabilities to build and maintain the highest quality and most flexible fleet of aircraft in the market to deliver even higher levels of customer satisfaction. In addition, Swift Air will be able to reduce cost, increase in-service rates, and extend the life of their fleet.

"We are extremely excited to welcome Swift Air to our family of businesses," said iAero Group Chief Executive Officer, Robert Caputo. "Swift Air will immediately benefit from our MRO and aircraft refurbishment capabilities and can further expand its capacity with our owned Boeing 737 aircraft." 

Jeff Conry, Swift Air's Chief Executive Officer said, "we have been looking forward to joining iAero Group to leverage their capabilities to provide industry leading aircraft and service levels and have access to new capital to refresh and expand our fleet."

 



Loading comments for Swift Air Joins iAero Group...


Recommended

Fitch affirms Aeroflot's long-term credit rating

Fitch Ratings has affirmed PJSC Aeroflot’s long-term issuer default rating at “BB” as part of its annual review of the airline’s credit ratings. The outlook has changed from &l...

Global infrastructure to support governments and medical organizations: VistaJet

VistaJet is helping to ensure that those with critical travel requirements during this time of uncertainty are able to keep moving.Understanding the global community’s needs as the world wo...

Embraer to collaborate on technologies and solutions to combat COVID-19

Embraer is working in partnership with companies and research centers on technologies that can increase the availability of equipment and solutions to combat COVID-19 in Brazil. The actions, deve...

Leonardo extends its training services capabilities to rotorcraft UAS

Leonardo is extending its training services capabilities to include rotorcraft unmanned aerial systems to provide 360° training solutions to its growing customer base for maximised mission ef...