Alcuin Capital Partners is pleased to announce its investment in Air Charter Service, a global leader in the aircraft charter market. Founded in 1990 by Chairman Chris Leach, Air Charter Service now employs more than 350 staff worldwide across 20 offices spanning five continents. The group offers private jet, commercial airliner and cargo aircraft charters, arranging more than 10,000 charters annually.
Justin Bowman, CEO of Air Charter Service, said: “The fact that this company has grown from the basement of a house to the largest charter brokerage in the world is a huge achievement and testament to our amazing team and corporate culture.”
“However, we are still an ambitious organisation. Our growth to date has been entirely organic and whilst we will continue to follow those strategies that have been successful in the past, we wish to accelerate our expansion through capital investments in both technology and through acquisitions of complementary businesses.”
Mark Storey, Co-founder of Alcuin Capital Partners said: “Air Charter Service is a leader in its field with a strong track record for growth. Their plans going forward are exciting and we are looking forward to working with their management team as they implement them.”
