HeliHub com : Seabury Securities Advises OneSky Flight on AAG Acquisition helihub.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from helihub.com Daily Mail and Mail on Sunday newspapers.
OneSky Flight: Flexjet and Sentient Jet Parent Company Acquires Halo Aviation, U.K.-Based Helicopter Provider
Positions companies to become global leaders in vertical flight
Enables Flexjet, Sentient Jet and other Directional Aviation OneSky Flight companies to develop the next generation of end-to-end private aviation offerings not available elsewhere
Luxury fractional jet provider Flexjet and jet card pioneer Sentient Jet, today announced that they have a new sister company, Halo Aviation Ltd. (Halo), a leading provider of helicopter transportation services in the United Kingdom. The transaction follows the acquisition earlier this year of Associated Aircraft Group (AAG), the premier provider of executive Sikorsky helicopter service in the Northeastern United States. These moves position Flexjet, Sentient Jet and their sister companies, FXAIR and PrivateFly, on-demand jet charter providers in both the U.S. and Europe, to become leaders in vertical flight, further expanding their
6-May-2021
As the spate of mergers, take-overs, IPOs and SPACs continues around the industry, this one has raised a few eyebrows. British operator Halo Aviation has been sold to Directional Aviation, a “private investment firm whose singular focus is private business aviation”. As Halo becomes the 15th member of the ever-increasing Directional family of companies, there’s no doubt that Kenn Ricci will have big plans for its future.
The eyebrow action concerns the facts that not only do Halo Aviation own no helicopters, they do not have their own AOC (Air Operations Certificate), and they are based on an airfield which is closing for residential re-development. We expect Directional will put these to rights, but there would have been other candidates for their dollars that have less serious short-term issues to resolve.
- May 5, 2021, 10:21 AM
Directional Aviation’s OneSky Flight has acquired London-area Halo Aviation, adding another helicopter operation and laying the foundation for urban air mobility ops. (Photo: Directional Aviation)
Directional Aviation’s OneSky Flight has acquired UK-based Halo Aviation, adding another helicopter operation to its portfolio just months after buying New York City-based Sikorsky S-76 operator Associated Aircraft Group. Halo has a fleet of six Leonardo Helicopters AW109s and AW169s that it flies from bases near London, the Midlands, and Channel Islands.
Kenneth Ricci, Directional Aviation’s principal, said the addition of Halo advances three important strategic goals. “First, these acquisitions position us as a leader in the future of vertical-lift solutions, he said. Second, it builds a core competency in urban mobility operations. Third, it makes possible synergies with our other affiliated companies, like Flexjet and Sentient, allowing us to pro