Senior Editor

Jerry Siebenmark

Pegasus Elite Aviation has been acquired by Prima Air Group, a holding company founded by Dr. Charles Huang after he became the majority stakeholder of Prima Air. Van Nuys, California-based Pegasus is a Part 135 operator with a fleet ranging from turboprop aircraft up to the ultra-long-range Gulfstream G650ER.&nbsp;Pegasus joins a company with more than 100 full-time employees, including 49 pilots, 29 flight attendants, and ground support employees.
“With the combination of management, high-level operational experiences, and efficiencies, along with the ever-expanding fleet of managed and owned aircraft&nbsp;by Pegasus, Prima Air's future vision and business models will establish the company as a strong player and industry leader,” said Prima Air partner and CEO Lina Tullberg.
Tullberg founded Prima Air in 2019 with the aid of venture capital firm Pasaca Capital, which is solely owned by Huang.

News and issues concerning the aviation charter and fractional-ownership industries and markets, including company announcements, regulations, new developments and labor issues.

Charter Firm Pegasus Acquired by Prima Air Group

The acquisition gives Prima Air Group access to ultra-long-range business jets such as the Gulfstream G650ER.

2024 Corporate Aviation Leadership Summit

Charles Alcock

News and developments about airplanes, helicopters and unmanned air vehicles used in all varieties of operations, including airlines, military, business, commercial, general aviation and private.

News and issues relating to business, corporate and private aviation, primarily regarding turbine-engine-powered airplanes and helicopters. Subjects include aircraft, engines, maintenance, operations, personnel, acquisitions, accidents, safety, security, and training.

The Hong Kong-based operator now has almost 50 business aircraft

China’s Sino Jet Expands Charter Fleet with Second G700

Jessica Reed

Program launches with HondaJet HA-420 and Bombardier Challenger 3500

Honda Aircraft Unit Backs Thrive Fractional Jet Program

Amy Wilder

Elite Jets, MaxAir keep names, add Priester co-brand

Priester Aviation Unifies Companies under One Brand

Program lets non-members compare pricing before booking

BlueSky Extends Pricing Access to Non-members

Hourly rates range from turboprops to VIP airliners

Paramount Business Jets Guide Details 2026 Charter Rates

Kerry Lynch

News about bills, laws, regulations and other governmental decisions affecting aviation and aerospace. Topics include FAA re-authorizations, taxes on fuel and aviation activities, environmental legislation, ICAO decisions, governmental mediation of labor conflicts and World Trade Organization disputes and decisions.

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