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EmreAir Charter Solutions' acquisition by Altius Aviation is logical step
Charter company EmreAir Charter Solutions, based in Teterboro, New Jersey, has been bought by Altius Aviation LLC, a charter and management solutions company headquartered in Syracuse, New York. The Altius team has experience across multiple aircraft types in addition to Part 121 and Part 135 commuter operations.
EmreAir director Omar Diaz says: “Merging our experience and passion with Altius Aviation is a logical next step for the EmreAir team. Altius has proved to be a highly capable operator with significant nationwide growth potential. We look forward to the future as we achieve our goals with both Altius and the Laughlin Group companies.” The acquisition will see the founders of EmreAir become equity stakeholders in the larger company.
Altius president and ceo Henry Laughlin adds: “Throughout the negotiations it became very apparent that the EmreAir assets and personnel would create significant synergy throughout our activities. The net effect to Altius is accelerated growth and a better experience for our retail charter customers and the broker community.”