This process is automatic. Our goal is to build on Air T, Inc.’s core businesses, and when appropriate, to expand into adjacent and other industries that we believe fit into the Air T, Inc. portfolio. PrimeFlight Aviation Services General Information Description. PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach. The company's airline services relate to ground handling services, aircraft services, and terminal services are International Air Transport Association Safety Audit for Ground Operations certified and are offered using proprietary transition process and by efficient executive leadership composed of industry veterans, enabling aircraft operators to carry out safe and reliable operations of airlines and provide travelers comfortable journey experience. When a jet's wheels touch the runway, the people of PrimeFlight Aviation Services are primed, pumped, and ready to go. PitchBook is a financial technology company that provides data on the capital markets. His success attracted the attention of an important industry network builder. About Air T, Inc. The acquisition is being made through PrimeFlight’s ground support equipment maintenance subsidiary, Global Aviation Services, LLC. Global Aviation Services (“GAS”) offers a wide range of services, including maintenance services for motorized and non-motorized aviation ground support equipment, refurbishment services, facility and jet bridge maintenance services, and fleet services. We are excited about our new ownership by PrimeFlight. Today Global is a leading provider of aviation ground support equipment (GSE) maintenance, fleet maintenance, and facility maintenance. For more information, visit www.airt.net. Our ownership interests are designed to expand, strengthen and diversify AIR T, INC.’s cash earnings power. Mar 4th, 2020 Maintenance Providers Prior management took a calculated risk, hearing Brad’s vision and starting Global Aviation Services from scratch back in 2007. This is the Air T way. This information is available in the PitchBook Platform. You will be redirected once the validation is complete. www.aviationpros.com is using a security service for protection against online attacks. Our portfolio of powerful companies has hard assets, and a history of generating cash. Click here to read the related Air T, Inc. SEC 8-K filing. Making space for Brad’s dynamic personality and team has paid off for our shareholders. To explore PrimeFlight Aviation Services‘s full profile, request access. For more information, visit www.primeflight.com. by AIRT | Sep 30, 2019 | Press Release | 0 comments. The company's staff provides services such as baggage and ground handling, housekeeping, maintenance, and security. All rights reserved. We recognize that we advance Air T’s purpose by helping our leadership teams realize their purposes. GAS will operate with its own brand and leadership team, as a wholly owned subsidiary of PrimeFlight, as PrimeFlight works to integrate the operations into its service network. Established in 1980, Air T, Inc. is a portfolio of powerful businesses, each of which is independent yet interrelated. Brad Osborn, CEO, Global Aviation Services, LLC, said: “Working intelligently since 2007, we have built a strategic and one-of-a-kind network of GSE maintenance shops. AIR T, INC. (NASDAQ: AIRT) is an industrious American holding company established 38 years and growing. Please enable JavaScript on your browser and try again. About Global Aviation Services, LLC Please enable cookies on your browser and try again. They bring immediate growth opportunities and a commitment to investment and expansion. Global was established in September 2007 and has grown to have nearly 300 employees who provide GSE maintenance service at 85 airports in the United States. The service requires full JavaScript support in order to view this website. It’s with mixed feelings that we mark another milestone in Air T’s journey. Headquartered in Sugar Land, Texas, PrimeFlight Aviation Services provides major airlines and airports with ground handling services, aircraft services, into-plane fueling, deicing, and terminal services, as well as general aviation aircraft cleaning and support services, across a national footprint. Get the full list », To view PrimeFlight Aviation Services’s complete subsidiaries history, request access », Executive Vice President & Chief Accounting Officer, Executive Vice President & Chief Financial Officer. www.aviationpros.com is using a security service for protection against online attacks. www.aviationpros.com is using a security service for protection against online attacks. We believe that Brad, his management team, and hundreds of skilled GSE technicians are in good hands with PrimeFlight.”. Provider of airline services based in Sugar Land, Texas. PrimeFlight is a portfolio company of the Carlyle Group. As part of this transaction, Air T and PrimeFlight have entered into a long-term vendor supply relationship under which Air T’s subsidiary, Global Ground Support, LLC (“GGS”), will supply deicer equipment to PrimeFlight, and GAS will provide maintenance services for GGS’ deicers throughout the U.S. About PrimeFlight Aviation Services, Inc. PrimeFlight Aviation Services acquired the assets of aircraft refueling equipment supplier ProFlo Industries, LLC as well as a majority stake in the South American Free Trade Zone based ProFlo LATAM. Historically, Company’s segments are: overnight air cargo, aviation ground support equipment manufacturing, and commercial aircraft asset management and logistics. GAS will operate with its own brand and leadership team, as a wholly owned subsidiary of PrimeFlight, as PrimeFlight works to integrate the operations into its service network. Global Aviation Services is a leading provider of aviation ground support equipment (GSE) maintenance, fleet maintenance, and facility maintenance in the United States. © 2020 PitchBook Data. The service requires full cookie support in order to view this website. Provider of airline services based in Sugar Land, Texas. “We are excited to improve our GSE maintenance capabilities by adding Global Aviation Services to the PrimeFlight network,” said Dan Bucaro, CEO of PrimeFlight. PrimeFlight’s strong management team and focus on customer service matches well with our best-in-class GSE maintenance services and customer-first culture.”, Nick Swenson, CEO, Air T, Inc., said: “Hats off to Brad Osborn for building an outstanding organization. Sugar Land, TX & Denver, NC – September 30, 2019 – PrimeFlight Aviation Services, Inc. and Air T, Inc. today announce the acquisition by PrimeFlight of Global Aviation Services, LLC, a business unit of Air T, Inc. (NASDAQ: AIRT). To view PrimeFlight Aviation Services’s complete executive team members history, request access », To view PrimeFlight Aviation Services’s complete board members history, request access », You’re viewing 5 of 6 investments. “This acquisition will allow us to serve our customers with GSE maintenance services at more than 80 airports in the U.S.”. PrimeFlight operates under contracts with airlines at more than 45 airports worldwide.
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