Jet Aviation has bought Avjet Corp’s aircraft management and charter services.
“Avjet’s 37-years of experience in aircraft management and charter services and an impressive fleet of 45 aircraft makes it the perfect complement to Jet Aviation’s operations. This acquisition will also provide excellent benefits for Avjet’s management and charter customers by providing access to Jet Aviation’s global network of service facilities.” said David Paddock, senior vice president and general manager, Jet Aviation US Aircraft Services.
“Avjet’s 37-years of experience in aircraft management and charter services and an impressive fleet of 45 aircraft makes it the perfect complement to Jet Aviation’s operations.”
Marc Foulkrod will continue to own and operate the Avjet sales and brokerage division in partnership with Andrew Bradley. The company will use the name Avjet Global.
“This acquisition meets our plan to continue to expand our global sales, acquisition, and brokerage services while allowing Jet Aviation to continue Avjet’s tradition of excellence in aircraft management and charter services,” said Foulkrod.
The company has closed more than 450 transactions, valued at $8+ billion.
The closing is subject to governmental approvals, including relevant airport authorities. The value of the transaction has not been disclosed.
Jetex and iGA Istanbul Airport have inaugurated the Jetex iGA Terminal. The strategic investment elevates Istanbul's position in the international aviation ecosystem and reinforces Türkiye...
Liebherr-Aerospace and Loong Air launched a long-term collaboration, with Liebherr-Aerospace providing major repair and re-coring services for the heat transfer equipment on Loong Air’s A320ceo/...
AERO 2027, taking place from April 14-17, 2027, will feature a further developed concept designed to build on the great success of this year’s event. In 2026, 860 exhibitors from 50 countries to...
U.S.-based aircraft management, fractional ownership, jet cards, and charter services operator Airshare is equipping its fleet of Embraer Phenom 300s with the Gogo Galileo HDX system. The up...
