Charter & Fractional
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.
Photo of Gulfstream G650ER
Pegasus Elite Aviation operates a range of aircraft from turboprops to this Gulfstream G650ER. (Photo: Prima Air Group)

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. 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 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.