Star Capital completed the acquisition of ASL Aviation for $235m.

Star Capital, European fund manager, completed the acquisition of ASL Aviation, a diversified aviation services company for $235m. ASL is a global aviation services provider with operations on six continents. The group operates 130 aircraft ranging from Boeing 747 to ATR Turbo Prop offering network solutions to express freight integrators and passenger airlines. In addition, the Group operates scheduled and charter flights under its own brands. “Our aim is to be the aviation services provider of choice and we will work with Star Capital to continue to deliver that by expanding our product offering, developing our geographical compass and focusing on core values,” Hugh Flynn, ASL chief executive.