Executive Fliteways Acquires Charter Firm ExcelAire, Adds More Aircraft to Fleet | Aviation International News

Charter & Fractional

Executive Fliteways Acquires ExcelAire, Adds to Fleet

After buying ExcelAire, Long Island, New York-based charter and management firm Executive Fliteways now offers a fleet of 20 aircraft.

Robert Sherry, COO, James Prinzivalli, president, Executive Fliteways in hangar backdropped by business jets — Robert Sherry (left), COO, and James Prinzivalli, president, Executive Fliteways. (Photo: EFI)

By Matt Thurber • Editor-in-Chief

June 2, 2023

Long Island MacArthur Airport (KISP)-based Executive Fliteways (EFI) has acquired ExcelAire Services, combining both charter and aircraft management providers that are located at the same airport. The move adds 60 employees and boosts the EFI-managed fleet to 20 aircraft, and plans call for the former ExcelAire aircraft to be transitioned to EFI’s charter certificate.

The acquisition includes ExcelAire’s Part 145 repair station, which EFI said will help it lower downtime and control costs for owners of its managed aircraft. EFI did not have a Part 145 repair station previously, so the move adds to the company's capabilities. The combined fleet includes six large-cabin Gulfstreams, two Falcons, five Embraers, a Hawker 800XP, Gulfstream G280, four Learjet 60s, and a Pilatus PC-12. EFI’s growth plans dovetail with its signing of a long-term lease for 80,000 sq ft of hangar and office space at the Hawthorne Global FBO KISP.

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