Tue, Jun 10, 2008
Columbias (nee Cessnas) Out, Cirruses In
Professionally managed aircraft
pioneer AirShares Elite announced Monday it has purchased Southern
California-based "aero club" iFly, effective immediately.
AirShares personnel tell ANN the acquisition will extend the
company's penetration in the SoCal market, while greatly expanding
the network of iFly’s Los Angeles and San Diego-area members.
AirShares Elite CEO David Lee says the acquisition will provide
significant benefits for the customers of both companies.
"AirShares is the largest national shared ownership program and
iFly runs the biggest program in the Los Angeles/San Diego market,"
Lee said. "Together, we will offer our customers an even greater
range of flying experiences -- more planes in more locations, with
a larger, more experienced and more capable organization. The new
organization will be a plus for all of our owners."
The company will operate a fleet of Cirrus SR22 G3 Turbo
aircraft in the Southern California market, which iFly Chairman
Andrew DeMond believes will provide greater utility to iFly’s
members, who previously flew a fleet of normally aspirated Columbia
(now Cessna) 350s.
"AirShares and iFly have been the innovators and market leaders
in our respective markets; now, we can move forward together,"
DeMond said. "For iFly’s California members, the combination
with AirShares lets them move up to a turbo-normalized aircraft
ideally suited to the West Coast market."
AirShares Elite will provide access to its transition training
program to iFly’s members, enabling them to begin flying its
fleet of Cirrus aircraft within the next few weeks.
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