Florida-based luxury private jet operator SpeedBird is to merge with Northern Jet Management (NJM), a counterpart company based in the US mid-west.
The transaction is set to close in the second quarter 2023 and will mean a combined company revenue of "more than $110 million", according to a Speedbird statement.
"With this announcement, the combined company will have 209 employees, including 98 pilots, and a fleet of 37 aircraft with dedicated customer terminals in Grand Rapids, Michigan; Orlando, Florida; and Naples, Florida., and additional offices in Milwaukee and Chicago", Speedbird said.
"Through this combination with Northern Jet, we are now positioned to become one of the top 20 private jet operators in the United States," said Chris Bull, founder and chief executive officer of SpeedBird and the combined company. "
We are excited to collaborate with the teams that Northern Jet has in its Grand Rapids headquarters, as well as in Chicago, Milwaukee and Naples. Northern Jet has been a leader in private air travel for business and leisure for more than 30 years, and our collective commitment to superior client service and safety are well-matched," Bull said.