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- April 28, 2021, 5:04 PM Aquila Aviation Ventures, a new group focused on investing in promising private aviation firms, has been established through a partnership between venture capital firm City+Ventures and business aircraft brokerage and consultancy Mente Group. As a result, Omaha, Nebraska-based City+Ventures will invest in Dallas-based Mente, which will be one of two companies operating under Aquila. The other is Millbrook Air, a New York-based aircraft management and charter operator previously operating under City+Ventures. Leading Aquila as CEO will be Brian Proctor, previously ...
Private equity firm City+Ventures invests in Mente Group Alasdair Whyte 28th April 2021, 5:00 You would not have expected it last year, but 2021 is set to see record investment into the business aviation industry. We have Signature going private and Wheels Up and Blade going public. Today, we saw a new target for investors – an aircraft brokerage and consulting firm. Omaha private equity firm City+Ventures, is investing in Mente Group and forming a new company Aquila Aviation Ventures. This is thought to be the first time a private equity firm has invested in a brokerage. City+Ventures alr...
The Biden Administration selected A. Bradley Mims, who had been president of the Conference of Minority Transportation Officials, to serve as FAA deputy administrator. Mims has a 40-year background in transportation, serving at the FAA and the Department of Transportation during the Clinton Administration and holding roles with the Mid-Atlantic Laborers’ Employers Cooperation and Education Trust, Parsons Brinckerhoff, and Booz/Allen/Hamilton. The FAA appointed Dr. Susan Northrup as the federal air surgeon. A private pilot and retired U.S. Air Force colonel, she previously has served as ...