Jet Linx Aviation has acquired US-based Meridian’s aircraft management and air charter business.
The deal is in line with the buyer’s plans to expand across the tri-state region, comprising New York, New Jersey and Connecticut.
As part of the transaction, Jet Linx will pick up a fleet of 23 long- and short-range private jet aircraft, such as Bombardier Global Express 6000 and 5000s and Embraer Phenom 300s.
Upon completion, the buyer will become the largest private jet management and card membership company in the tri-state region, as well as the second-biggest aircraft management business in the US, with over 120 vehicles in 19 locations nationwide.
Financial details were not disclosed.
Established in 1946, Meridian is a private aviation company which caters to customers throughout the New York metropolitan area.
It has fixed based operator (FBO) locations at Teterboro Airport and Hayward Executive Airport and also owns and manages a part 145 repair station in Teterboro.
The group provides aircraft fuelling, hangaring, and charter services for private flyers and claims to be one of only 135 operators worldwide to hold the Argus Platinum audit rating.
Meridian will continue to run its FBO and aircraft maintenance services business from Teterboro Airport and Hayward Executive Airport in California upon closing.
Headquartered in Nebraska, Jet Linx is a private jet company which operates throughout the US, with base sites in Atlanta, Nashville, New York and St Louis, among other locations.
The group offers jet card membership programmes that allow customers access to more than 5,000 airports nationwide.
Launched in 1999, Jet Linx is partners with the likes of Forbes Travel Guide, Southwest Airlines and CAE.
Following the deal with Meridian, the buyer plans to acquire more private jet management businesses as part of its continued growth and expansion strategy across the US.
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