Agreements

XOJET acquires minority stake in Talon Air to expand global flight solutions

1. Talon Air specializes in aircraft management services and aircraft maintenance through its infrastructure facility and headquarters in Farmingdale, New York
2. Talon Air operates a small diverse fleet of 36 aircraft including Bombardier, Gulfstream and Hawker products

Talon Air’s state-of-the-art facility and headquarters outside of New York will provide XEJET with additional infrastructure and a full staffed in-house aircraft maintenance team in of one the busiest aviation hubs in the world

5 March 2021: XOJET Aviation has acquired a minority stake in Talon Air as a part of Vista Global Holding’s acquisition of Apollo Jets. Talon Air will complement XOJET’s capabilities and infrastructure to help them keep improving services in the market. The transaction is expected to be completed by the first quarter of 2021.

Talon Air specializes in aircraft management services and aircraft maintenance through its infrastructure facility and headquarters in Farmingdale, New York and also operates a small diverse fleet of 36 aircraft including Bombardier, Gulfstream and Hawker products. It offers aircraft management services for both Part 135 and Part 91 aircraft and in-house aircraft maintenance through its Talon Air Maintenance Services (TAMS) and Part 145 FAA Repair Station.

Kevin Thomas, XOJET Aviation President & COO, said, “We are excited by the new opportunity XOJET has to join forces with Talon Air to continue to expand our global flight solutions offering and leading safety standards. We will be drawing on Talon Air’s leading aircraft management expertise and will integrate their knowledge into XOJET’s flight solutions. Their state-of-the-art facility and headquarters outside of New York provides us with additional infrastructure and a full staffed in-house aircraft maintenance team in of one the busiest aviation hubs in the world.

Talon Air joins Vista Global’s network of business aviation providers operating a global fleet under management of over 160 aircraft and offering a wide range of services from aircraft leasing and flight management to aircraft maintenance