Elite Aviation Closes $50 Million Capital Commitment To Finance Aggressive Global Growth Strategy
LOS ANGELES, Oct. 23, 2013 /PRNewswire/ -- Elite Aviation, the premier global private jet company, today announced that it has closed a $50 million 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.
Since CEO Chris Holifield took over management of the company two years ago, Elite Aviation has re-defined the traditional private jet charter business into a full-fledged "travel experience" by delivering a complete set of luxury services where the traveler experiences the utmost in travel assistance both in the air and on the ground. The full service aviation company is in the process of finalizing several joint ventures that allow Elite Aviation to effectively and efficiently serve clients worldwide within the next 12 to 36 months.
According to Chris Holifield, President and CEO of Elite, "With the backing of our institutional private investors and one of the strongest balance sheets in the industry, Elite Aviation will now be able to strategically and aggressively move forward to create an integrated private aviation company second to none. We will expand operations, create synergistic alliances and bring our unmatched Elite Aviation Experience service to private flyers worldwide -- Elite Aviation will now aggressively move forward to realize my vision in setting the new standard in high quality private jet service."
For more information on Elite Aviation call (888) 988–JETS or visit www.eliteaviation.com.
About Elite Aviation
Elite Aviation, LLC is a woman-owned global premier private jet company "experience" that can handle short and long-range flights worldwide. The company specializes in full-service aircraft management from turnkey acquisitions to maintenance to crew selection and aircraft sub-leasing. Elite Aviation has achieved the highest level of flight safety with receipt of the prestigious Platinum ARG/US and WYVERN certifications.
Contacts: Wendy Zaas/Jim Hughes
Rogers & Cowan
310-854-8148/310-854-8275
[email protected]
[email protected]
SOURCE Elite Aviation
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article