JetDirect Acquires Presidential Aviation
Berwyn, Pa.-based aircraft management and aviation services firm JetDirect Aviation this week said it had acquired Fort Lauderdale, Fla.-based Presidential Aviation, a charter, maintenance and management company. The acquisition expands JetDirect's operating locations in New York, Philadelphia, St. Louis, Dallas, Los Angeles, San Francisco and Seattle to include Fort Lauderdale. Nigel England, formerly director of operations for Presidential Aviation, will assume responsibility for JetDirect’s Southeast region. “The addition of Presidential increases JetDirect’s combined charter fleet to 81 aircraft, including light jets to long range heavy jets. This diversified fleet ensures our flexibility in meeting all of the travel needs of our clients,” said JetDirect Chairman and CEO Gregory Campbell.
“The outstanding management team and dedicated staff at Presidential over the last 10 years have created a premium charter company committed to safety, security, and incomparable customer service," Campbell added. JetDirect also operates three FAA Part 145 repair stations located in Philadelphia, Los Angeles and a Class IV Repair Station at JetCorp in St. Louis. With the Presidential acquisition, JetDirect now has a total of eight operating bases, in addition to three FBOs across the country. JetDirect Aviation offers standard charter services, jet membership programs and jet ownership options. Investors include Philadelphia-based CD Ventures and Argosy Capital, as well as Brantley Partners of Cleveland, New York-based HSBC and AIG.