Personal Airline Exchange (PAX) is looking to transform the market for intracity air transportation using new electric and hybrid-electric aircraft for a per-seat, on-demand business model. The Los Angeles-based company aims to be ready to start operating Ampaire’s Electric EEL fixed-wing aircraft from 2022, by which time it expects the re-engined version of Cessna 337 Skymaster to have completed type certification.
PAX intends to establish a Part 135 operation by acquiring an existing operator that would be authorized to fly both on-demand and scheduled services. It plans to complete the acquisition of Alaska-based charter group Servant Air via an equity swap arrangement.
The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background.
The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background.
The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background.
The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background.
