Blue Label Aviation acquires GT AVIATION
Peloton Strategies Group (http://www.pelotonsg.com) has announced today that Blue Label Aviation of Leesburg, VA has acquired GT Aviation of Friendly, MD. The transaction closed on August 1, 2023, and the company will be operated by Blue Label portfolio company Aero Elite Flight Training (www.aeflight.com) The terms of the transaction are not disclosed.
About Aero Elite Flight Training
Formed in 2019, Aero Elite is now the largest flight school in the National Capital Region. With locations in Leesburg, Winchester, Manassas, Norfolk, and now Friendly, MD Aero Elite has grown to have over 30 aircraft and more than 40 flight instructors. The company has successfully trained over 300 flight students ranging from private pilots to pilots now flying for major airlines. A veteran of the flight training industry, founder Tim Fisher said “Karen and Tim and the entire GT Aviation team have built an amazing flight school. We look forward to continuing their tradition of high-quality, safety-focused training“. Aero Elite’s website is www.aeflight.com
About GT Aviation
GT Aviation has been providing flight training and aircraft maintenance in Friendly, MD since 2009. Founders Karen and Tim Poole developed strong customer relationships and a stellar safety record of flight training. GT Aviaton’s website is http://gt-aviation.com/
About Blue Label Aviation
Blue Label Aviation is a holding company that will continue to manage acquistions related to flight training, aircraft management, maintenance and brokerage service offerings. Founder Tim Fisher operates Blue Label Aviation with support from a board of directors.
About Peloton Strategies Group
Peloton Strategies Group is a full-service strategic planning organization focused on growth as well as buy-side and sell-side M&A consulting services. Peloton provided strategic consulting services in support of Blue Label Aviation. Legal counsel was provided by The Magner Law Group of Leesburg, VA.
Contacts:
Charles Bobbish, Founding Partner
Joel Richards, Founding Partner
Mark Gardiner, Partner
Sean Keller, Partner
Tina Kuhn, Partner
Doug Keating, Partner
Disclaimer:
The information in this press release is based upon information deemed to be reliable. Peloton Strategies Group makes no warranty as to the accuracy of this information. No commissions were paid to Peloton Strategies Group as a result of this transaction