|Deer Jet to acquire a major stake in UAS
|The Leading Global Trip Support Group and Asia’s leading Business Aviation Company Join Forces to Greatly Enhance Global Footprints
|October 31, Orlando, FL. Deer Jet – the premier business aviation company and subsidiary of HNA Group - and leading global ITP UAS International Trip Support have signed an SPA that will see Deer Jet acquire Major shares in UAS. The agreement was announced today at NBAA-BACE 2016 and is expected to be completed by December 2016.
According to the terms of the agreement, UAS shares will be held by Deer Jet and the existing shareholders. Additionally, both parties accorded that UAS Group executive management will continue to be led by both Co-Owners/Founders Mr. Mohammed Husary as Executive President alongside Mr. Omar Hosari as Chief Executive Officer. The partnership will see both companies benefit from valuable synergies the agreement facilitates. The alliance will see both dynamic and visionary companies enhance their capabilities significantly to revolutionize international business flight and user experience.
In its 21st year of operation, Deer Jet operates as a wholly owned subsidiary of HNA Group, a Fortune 500 conglomerate engaged in tourism, aviation, capital investment and eco-technology among other businesses. Deer Jet operates an impressive fleet including the world’s only BBJ 787 in VVIP configuration - “the dream jet”- and has a vision of building an international brand and a global service network for business aviation. Deer Jet has been named the World’s Leading Private Jet Charter by the World Travel Awards (WTA) for its excellence in service and contributions to the industry.
Since its establishment in 2000, UAS has become a global leader in the flight support industry with four continental headquarters in Houston, Johannesburg, Hong Kong, and Dubai, four regional offices in Nairobi, Lagos, Beijing, and New Delhi, and ground presence in 23 global destinations. UAS’ visionary growth strategy is based on technological advancement, strong emphasis on user experience maximization and thought leadership.
This partnership will facilitate both companies’ ambitions to expand their footprint in the international aviation industry.
Mr. Mohammed Husary, UAS Co-Owner/Founder and Executive President, said: “A pioneering spirit is something both UAS and Deer Jet share, and we’re extremely pleased to partner with this leading business aviation group. Deer Jet is a company that consistently demonstrates its ambition and dynamism, an outlook which mirrors UAS’ strategic and organizational goals.”
He added, “UAS’ growth and expansion plans will be accelerated greatly by having such a strong partner. Deer Jet’s support will help us to realize our medium-term goals and maximize our ambitions for the long-term future.”
Mr. Omar Hosari, UAS Co-Owner/Founder and Chief Executive Officer, said: “The alliance with Deer Jet will greatly enhance UAS’ dominance in the trip support industry as it gains access to massive business potential. Likewise, Deer Jet will gain the support of a world-class flight support leader that will help them grow and quickly develop its global market to increase its global footprint.”
Commenting on the agreement, Mr. Zhang Peng, Chairman and President of Deer Jet said: “At Deer Jet we feel very excited to enter into this strategic agreement with UAS which will strengthen our global operation capabilities, upgrade customer service experience and boost the international development of our company. In the upcoming future, Deer Jet will continue to expand its global footprint through a series of strategic acquisitions. We are committed to create and deliver a very distinctive brand experience by mixing the best of arts, design and oriental hospitality to serve our global customers. ”
HOUSTON, TX -- (October 30, 2016) - Universal Aviation, the worldwide ground support division of Universal Weather and Aviation, Inc., announced the continued expansion of its global network with the opening of Universal Aviation Dominican Republic at La Romana International Airport (MDLR).
Based at the MDLR Executive Aviation Terminal, Universal Aviation Dominican Republic is the network's 18th location in Latin America and the Caribbean and its 65th location worldwide.
"We remain committed to expanding our Universal Aviation network at high-risk, high-stress destinations where our customers operate their business aircraft to most," said Greg Evans, Chairman, Universal. "By opening Universal Aviation Dominican Republic, we can better ensure the success of our customers' critical missions on the ground through pro-active trip management, versus relying solely on third-parties."
Universal Aviation Dominican Republic is open now and actively coordinating ground handling operations at MDLR, including managing arrangements and facilitating any changes or last-minute requests.
"The Dominican Republic has a fast growing economy and is an increasingly popular destination for general aviation for both business and tourism, with a strong base of regional traffic in the Caribbean," said Adolfo Aragon, Senior Vice President, Latin America and Caribbean, Universal. "We have an outstanding local team at MDLR, with many years of experience in the country, allowing us to facilitate difficult last-minute requests seamlessly."
The European Business Aviation Association (EBAA) said it is very pleased with the industry’s response to the first of its new AirOps Europe conferences, staged last week at Cannes Airport in the south of France. “We hoped for 300 visitors and in fact we had almost 400, so that was very positive” said EBAA president Brian Humphries. The event, which has some similarities with the annual NBAA Schedulers & Dispatchers conference, drew around 30 exhibiting companies including FBOs, fuel providers, ground-handling specialists, trip support companies, airports and aircraft operators.
AirOps Europe included training & auditing sessions for the International Standard for Business Aircraft Handling (IS-BAH), which a growing number of FBOs and handling providers are seeking. The event featured “speed networking” sessions to give companies the opportunity to make pitches for new business and partnerships.
The second edition of AirOps Europe will be held Sept. 20-21, 2017, once again in Cannes.
Press Release 8 October 2016
AviationBloom is exited to announce that our business aviation support platform, in development over the last three years, is available via the APP Store, Android & iOS version.
Aviation Bloom is a business aviation support tool. Our system provides flight departments with a tool that allows the client to book multiple FBOs, fuel, HOTAC, ground transportation and VIP catering through vetted vendors.
CEO Thomas Kränzlein says "We are the next generation aviation information provider and travel support service. I invite all trip planners, from flight departments to flight crew to visit our Bordeaux airport page www.aviationbloom.com/airport_info/LFBD to see for themselves how our system can work for them."
Thomas Kränzlein is a corporate pilot himself,has flown several aircraft types, mostly across Europe and Africa and he has seen the need for an integrated system the flight crews, planners and OCCs can trust in.
The Sterling Group, a private equity firm based in Houston, Texas, announced the creation of a new FBO network and the acquisition of Destin Jet. The acquisition of Destin Jet, an FBO located at the Destin Executive Airport in Destin/KDTS, Florida, is the first location in the new network.
Sterling has assembled a strong and experienced team to build the new network. Greg Elliott, a Partner at The Sterling Group, has been involved in building several FBO networks in the past fifteen years, including roles as Chairman of Encore and Trajen, and Board member of Landmark Aviation. Chad Farischon and Tyson Goetz, former members of both the Trajen and Landmark Aviation management teams, will lead and manage the network, executing a buy-and-build strategy. Chad and Tyson have purchased and integrated over 50 FBOs over the course of their careers.
"Sterling is thrilled to partner with a talented team in Chad and Tyson," said Greg Elliott. "Having worked together at both Trajen and Landmark, we knew that they were the right leaders to build a premiere network."
"Sterling shares our vision to build a national leader in aviation services," said Tyson Goetz. "Given their past experience in the industry and their track record of partnering with entrepreneurs to grow businesses through acquisitions, Sterling was the ideal partner for us."
Destin Jet, the sole service provider on the Destin Executive Airport field, serves resort destinations in the Florida panhandle area and the Emerald Coast. Destin Jet's facilities are world-class, featuring modern terminals with a wide range of passenger and crew amenities.
"We are looking forward to working with the airport and becoming an active member in the community," stated Chad Farischon. "Destin is the perfect first location for our network given the best-in-class customer service and facilities, all built out under the superb leadership of Jay Odom. We look forward to building on this successful model across the country."
Sterling and management are actively seeking acquisitions in North America