Airlines
Who acquires Airlines companies
16 distinct acquirers across 17 recorded transactions, 2016 to 2026. Every buyer below has completed at least one acquisition in this sector.
Most active acquirers
Ranked by number of acquisitions recorded in this sector. A buyer that has done this more than once has a thesis, and a thesis is what makes an approach worth making.
- flyExclusive2 deals
- Allegiant Travel Company1 deal
- CSI Aviation1 deal
- Air T1 deal
- Republic Airways Holdings Inc.1 deal
- Exchange Income Corporation1 deal
- Gilat Satellite Networks Ltd.1 deal
- VIG Partners (PE)1 deal
Recorded transactions
| Target | Acquirer | Date | Value | EV/EBITDA | EV/Revenue |
|---|---|---|---|---|---|
| Jet.AI aviation business | flyExclusive | 2026-07-13 | $0k | 0.0x | 0.0x |
| Jet.AI fractional and jet card business | flyExclusive | 2026-07-13 | $16m | 0.0x | 0.0x |
| Sun Country Airlines Holdings | Allegiant Travel Company | 2026-05-13 | $0k | 0.0x | 0.0x |
| Harbor Diversified airline operations | CSI Aviation | 2026-01-09 | $110m | 0.0x | 0.0x |
| Regional Express Holdings Limited | Air T | 2025-12-17 | $0k | 0.0x | 0.0x |
| Mesa Air Group | Republic Airways Holdings Inc. | 2025-11-25 | $0k | 0.0x | 0.0x |
| Canadian North | Exchange Income Corporation | 2025-02-24 | $156m | 0.0x | 0.0x |
| Stellar Blu Solutions | Gilat Satellite Networks Ltd. | 2024-06-17 | $245m | 0.0x | 0.0x |
| Eastar Jet | VIG Partners (PE) | 2023-01-06 | $30m | 0.0x | 0.0x |
| Air Partner | Wheels Up | 2022-04-01 | $109m | 0.0x | 0.0x |
| Korean air Catering & Duty free | Hahn & Company (PE) | 2020-08-31 | $840m | 0.0x | 0.0x |
| HK Express | Cathay Pacific Airways | 2019-03-27 | $636m | 0.0x | 0.0x |
| ExpressJet Airlines | ManaAir LLC | 2018-12-18 | $70m | 0.0x | 0.0x |
| North Star Air Ltd. | The North West Co. | 2017-04-28 | $24m | 0.0x | 0.0x |
| Air Fayre | Harwood Private Equity (PE) | 2016-11-15 | $49m | 0.0x | 0.0x |
| ASIG Holdings Corp. | Menzies Aviation | 2016-09-16 | $202m | 7.2x | 0.5x |
| Fly-By-Wire International Pvt. Ltd. (FBW) | Zee Entertainment Enterprises | 2016-03-15 | $9m | 0.0x | 0.0x |
n/d means not disclosed. Most transactions close without a published multiple, which is why the disclosed count matters more than the median.
Who owns Transportation & Logistics companies
On PEStore, Airlines sits within Transportation & Logistics. PEStore profiles the private equity firms and serial acquirers active there: what they own, how long they have held it, and every deal on record. Underlined acquirers above link to their profiles.
Transportation & Logistics investors and acquirers on PEStoreMultiples across every sector
What is your Airlines business worth?
Run the free valuation against the current multiple band for your sector. It takes about a minute and shows the range and the method behind it.
Run a valuation