Thu, 18 Aug 2011 | BUSINESS SALE
Oxford-based business jet charter and management company, Hangar 8, has announced plans to make up to four new acquisitions in the coming year.
The company's chief executive, Dustin Dryden, said they were hoping to complete the buy-out of one business within the next six months, with another three in the pipeline. He explained that they were also looking at expanding their managed fleet and said that he hoped the acquisitions will help expand their operations in Africa, where they already have officers in Lagos, Nigeria and South Africa.
"It's the perfect model down there for business jet operation. The roads are poor and companies need to move high-value items quickly. Airlines can't operate into the areas that we can," said Dryden.
He said that they were earning more and more business from the oil and mining companies in Africa, who were attracted by Hangar 8's European-registered aircraft and European crews, which are booked via their London-based office.
The company currently has 32 aircraft - including Europe's only Embraer Lineage - and are adding to that at the moment with two new jets, with another four to be added before the end of the year.
Discover a bold menswear brand that perfectly merges minimalist luxury with the spirit of a fighter, highlighted by its feature in GQ. With strategic discussions underway to supply Bare Knuckle Fighting Championships and a strong online presence cult...
This West Midlands-based IFA business boasts a solid 15 to 20-year track record, supported by 8 experienced advisers and a robust back-office team, ensuring ongoing profitability and excellent client relationships.
This rapidly growing wellness technology business, based in the West Midlands but operating nationwide, specialises in alternative therapy equipment for the burgeoning health, recovery, and longevity sectors.
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.