Sat, Dec 01, 2007
Carefree Group, Inc.
management announced Thursday that it has closed the
Company’s acquisition of Aviation Flight Services, LLC.
Based in Fort Lauderdale, Florida, AFS is described as an
industry leader in aviation business services. AFS offers a premium
charter service with a comprehensive range of personalized luxury
services. Additionally, AFS provides aviation management and
logistical systems including ground handling, administrative
support, fuel servicing, weather and flight planning, and a full
array of airport and in-flight services for passenger, cargo and
business flights worldwide.
For the period ending December 31, 2006, AFS reported more than
$9.5 million in gross revenue.
“The acquisition of Aviation Flight Services represents
our further diversification throughout travel related industries.
AFS complements Carefree’s aviation division perfectly and we
are thrilled to announce its closing,” said Carefree Group,
Inc. President Anthony Marotta.
Carefree Group’s interests include assets throughout the
luxury travel, aviation, automotive, yachting, entertainment, and
real estate industries.
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