Axtmann Holding AG, the parent company of FAI rent-a-jet, a general aviation and air ambulance operator, has announced the purchase of a majority stake in Fly Alpha. Both companies are based in Nuremberg, Germany. Under the deal, Axtmann Holding AG has a 51% stake in the company with an option to purchase the remainder at a later time. The agreement underlines an increasing trend in Europe for larger operators to join with smaller fleets, which gives them better marketing, sales and ...

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