Montreal-based Innotech-Execaire Aviation Group (IEAG) has acquired business aviation services provider Skycharter. Financial terms of the transaction were not disclosed.
Founded in 1968, Skycharter operates an FBO at Toronto Pearson International Airport (CYYZ) and also provides aircraft charter, management, and maintenance services. An IEAG spokesman told AIN that Skycharter recently renovated its FBO terminal and operates a 100,000-sq-ft hangar at CYYZ. He declined to comment on the number of workers employed by Skycharter.
With the Skycharter acquisition, IEAG adds two new business aircraft types—the Hawker 800A and Bombardier Challenger 850—to its managed and owned charter fleet that includes models manufactured by Bombardier, Dassault, Embraer, Pilatus, and Textron Aviation.
IEAG’s group of companies provides FBO services at airports across Canada and maintenance services at CYYZ and Pierre-Elliott Trudeau International Airport in Montreal, aircraft interior and exterior refurbishment, and aircraft management and charter services through the Execaire and Image Air Charter brands.