West Palm Beach, FL – January 11, 2012 – Jet Access Aviation, a worldwide aircraft charter sales and Management Company, announced today that it has finalized the acquisition of Arcadia Aviation. Arcadia Aviation was known internationally for its public acquisitions of Wayfarer Aviation and TAG Aviation USA. TAG Aviation USA stemmed from the original Wayfarer Ketch, a management company formed from the Rockefeller family flight department. After six months of negotiations, Jet Access Aviation has acquired all assets of the company apart from Arcadia’s two FBO’s (fixed base operations) and their Part 145 Repair station.
The combined company, Jet Access Aviation, will build on the solid 30 year foundation established by Arcadia. “By combining two industry leading companies, Jet Access Aviation will without a doubt have one of the most experienced management and operational teams in aviation.” Jack E. Lambert, Jr., President of Jet Access Aviation continued “I am very proud of the work our teams have done to make this transition seamless. The feedback from the aviation community has been extremely positive, and that is a reflection of the deep respect that exists for both Arcadia and Jet Access Aviation.”
Lambert reflecting on the merger explains: “We believe this acquisition allows Jet Access Aviation to fill an important niche in the aviation industry – namely an aircraft management company that creatively thinks outside-of-the-box. In addition to a full-service aviation management company experienced in acquiring, operating and generating revenue we will also feature a pay-as-you-go, membership-free, on-demand charter service.”
“Coupling Arcadia’s vast experience and reputation with Jet Access Aviations’ history as an innovator in private jet utilization is a natural fit.” Shawn Honaker, CEO of Jet Access Aviation continued “This acquisition is an important step for our future and we are very excited about the opportunity.”
Arcadia’s and Jet Access Aviation’s unification will unquestionably drive Jet Access Aviation to excel as a global competitor in the aviation industry. Aiming for excellence, Jet Access Aviation will focus on positive client interactions, consistently delivering a superior product, and exceeding expectations.