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Elevate Aviation Group

From Wikipedia, the free encyclopedia
Elevate Aviation Group
FormerlyElevate Holdings
IndustryAviation and air travel management
Founded2003
FounderGreg Raiff
Headquarters
United States
ServicesAviation and air transportation services
SubsidiariesPrivate Jet
Keystone Aviation
Elevate Jet[1]
Websiteeag.aero

Elevate Aviation Group,[2] formerly known as Elevate Holdings, is an American aviation, air transportation, aircraft management and maintenance service group.[3] It was founded in 2003 by Greg Raiff.

Background

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Elevate Aviation Group is a group of multiple aviation and aircraft management companies founded by Greg Raiff. Raiff started his first business, a student travel and tour service company, while still in college. He sold the company in 1999 and started a company in 2003 which later became Elevate Holdings.[4][3] Raiff is currently the chief executive of Elevate Aviation Group.[5]

Elevate Aviation Group has several subsidiaries, including Private Jet Services Group, Elevate Jet, Keystone Aviation (acquired in June 2022),[6] and Keystone MRO.[7][4][3] Elevate Holdings the 15th largest aircraft management business in the United States.[3]

Elevate Holdings was rebranded as Elevate Aviation Group in 2022.[2]

In July 2023, Elevate Aviation Group designated an additional $10 million annually for investment in jet card membership, on-demand charters, and brokerage services through Private Jet Service.[8]

A Florida court awarded an arbitration award of $29 million to Elevate Aviation Group against iAero Airways in August 2023.[9]

Services

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Elevate Aviation Group offers aircraft management and maintenance services, on-demand charter, consultancy for owners and charter users, and brokerage services for buyers and sellers.[10][11]

References

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  1. ^ Lynch, Kerry. "Newly Branded Elevate Aviation Group Eyes Growth". Aviation International News.
  2. ^ a b Lynch, Kerry. "Newly Branded Elevate Aviation Group Eyes Growth". Aviation International News. Retrieved 2023-03-22.
  3. ^ a b c d "Keystone Aviation acquired by Elevate Holdings". January 7, 2022.
  4. ^ a b "Elevate Holdings Acquires Keystone Aviation". www.businesstravelexecutive.com.
  5. ^ Nair, Shalini (January 7, 2022). "Elevate buys aircraft management services firm Keystone Aviation".
  6. ^ "Elevate Holdings Acquires Keystone Aviation To Expand Aircraft Management Services And Scale High-Touch Business Aviation Experiences". PJS Group. Retrieved 2023-02-07.
  7. ^ Siebenmark, Jerry. "Elevate Plans Keystone MRO Expansion after Acquisition". Aviation International News.
  8. ^ "Elevate Aviation Group announces $10 million annual investment". Retrieved 2023-08-16.
  9. ^ "Private Jet Services Awarded $29-Million Judgment | Aero-News Network". www.aero-news.net. Retrieved 2023-08-16.
  10. ^ Gollan, Doug. "Elevate Holdings Promises Keystone Aviation Acquisition 'First Of Many'". Forbes.
  11. ^ "Keystone Aviation to expand service and maintenance capabilities powered by Elevate Holdings". Business Airport International. February 9, 2022.
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