iAero Group, a leading integrated aviation business, has signed a definitive agreement to purchase Swift Air, the leading independent US airline charter business. The transaction is subject to regulatory approvals and is expected to close in Q1, 2019. With the pending acquisition of Swift Air, iAero Group will add to its portfolio of aviation businesses acquired since its inception earlier this year including the leading engine MRO and leasing company, AeroThrust and airframe MRO AeroTech.
