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Elevate acquires Keystone Aviation from TAC Air

Elevate Holdings has acquired U.S.-based Keystone Aviation, a provider of aircraft charter, management, and aviation maintenance services.The unity of the two aviation companies will allow Elevate Holdings to have the fifteenth largest aircraft management business in the United States. As part of the acquisition, Elevate will also take over the Keystone Aviation maintenance and repair organization."We believe the business aviation industry needs a provider large enough to deliver benefits at scale to its clients without sacrificing the personal touch so critical in a high-end service business," said Greg Raiff, CEO of Elevate Holdings.Aaron Fish, current Keystone Aviation Chief Operating Officer, will lead the new organization as President. Keystone Aviation employees will work alongside the Elevate Holdings team, while TAC Air, which owns Keystone, will remain a strategic partner.Additionally, as part of the transaction, Keystone Aviation - SLC will operate from a new, dedicated client access terminal at the Salt Lake City International Airport and satellite facilities in Scottsdale, Arizona at KSDL and Provo, Utah at KPVU.
Created 217 days ago
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