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New Deal


Announced

Completed

Avia Solutions Group completed the acquisition of Skytrans Airlines.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Airlines

Australia

air charter solutions

airline services

Majority

Private

Completed

Acquisition

Cross Border

Friendly

Single Bidder

Synopsis

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Avia Solutions Group, the world's largest ACMI provider, completed the acquisition of Skytrans Airlines, an airline and air charter business based in Cairns, Queensland. Financial terms were not disclosed. This development is part of Avia's growth strategy within the Asia-Pacific region. Expansion in the region provides valuable leverage to counterbalance the reduced seasonal demand in Europe by shifting aircraft between counter-seasonal regions. The obtained AOC brings the total number of air operator certificates held by the group to 12.

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