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JFI Jets Expands with ACP Jets Acquisition

Download: Printable PDF Date: 07 Oct 2015 14:04 category:
JFI Jets Expands with ACP Jets Acquisition - Business aviation publisher
Tatjana Obrazcova
Country: United States Aircraft: Airplanes
Source: AIN

Charter and management firm JFI Jets is expanding its fleet and adding a repair station with the acquisition of a West Palm Beach, Fla.-based ACP Jets. ACP Jets provides charter, management, maintenance and aircraft acquisition and consulting services. In addition to a Part 145 repair station, the company operates two Hawker800XPs a Citation X and four Gulstream IV/SP/450s.  

“By merging these two industry-leading companies, we will be the only provider with facilities, aircraft, maintenance and sales offices in the top three U.S. markets for private aviation,” CEO Robert Seidel said. The combined entity will offer the management, hangar, charter and maintenance services in the New York Metro, Southern California and South Florida areas, in addition to having a presence in Northern California and Delaware. JFI Jets will combine the companies’ respective charter and managed fleets, bringing the total to 17 business jets.

JFI President David Rimmer will continue to lead the combined entity as president alongside Seidel, while ACPco-founder and president Suran Wijayawardana will become COO.

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