Elite Aviation closes $50m capital commitment

Elite Aviation, the premier global private jet company, has closed a $50m growth capital commitment to be used strategically across multiple fronts to substantially expand the company’s global footprint. In addition to a very significant fleet expansion, Elite Aviation will go “on the hunt” for geographically strategic acquisitions as well as companies complementary to its core business throughout North America and Europe. The company is also evaluating investments in complementary niches including, but not limited to, cargo operations, Part 121 commercial aircraft charter operations, maintenance operations, high-end concierge services, aircraft sales operations and other opportunistic investments.