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TLC Jet to Acquire Private Aviation Operator Privaira

TLC Jet to Acquire Privaira Private Aviation Amid Industry Consolidation
TLC Jet has announced its intention to acquire Privaira Private Aviation, a move that underscores the ongoing consolidation within the private aviation industry. Based in Boca Raton, Privaira operates a fleet comprising six charter aircraft alongside approximately a dozen Part 91 jets, which will now become part of TLC Jet’s growing portfolio. The company’s strong safety credentials, including Argus Platinum and Wyvern Wingman ratings, highlight its commitment to operational excellence.
Strategic Expansion and Growth Plans
Greg Fell, CEO of TLC Jet, described the acquisition as a component of the company’s carefully measured growth strategy. Over the past year, TLC Jet has significantly expanded its operations, acquiring two maintenance, repair, and overhaul (MRO) facilities, becoming an authorized Starlink dealer, launching an on-demand charter brokerage, introducing a flexible membership program, and opening a customer lounge at Fort Lauderdale Executive Airport (FXE), one of the busiest private jet hubs in the United States.
Backed by 313 Equity Partners, TLC Jet is positioning itself for substantial growth. Founder Justin Firestone noted that since launching the charter brokerage in May, the company is on track to exceed $100 million in revenues by 2026. He emphasized that the acquisition of Privaira will immediately enhance TLC Jet’s service offering by providing in-house aircraft options, thereby increasing flexibility and improving the overall customer experience.
Privaira’s charter fleet includes notable aircraft such as the Falcon 2000LXS, Challenger 604, Falcon 50, Lear 60, and two Hawker 800XPs, all operating under its Part 135 certificate. Firestone highlighted the company’s loyal base of aircraft owners and charter clients, expressing eagerness to serve this clientele while expanding the managed fleet. The aircraft will be based at FXE, where TLC Jet is investing in a dedicated hangar. Both companies’ teams will collaborate to secure additional managed aircraft as part of the integration process.
Regulatory Challenges and Market Implications
The acquisition remains subject to regulatory and governmental approvals, a stage that has proven challenging for similar transactions within the private aviation sector. Industry analysts observe that such deals often encounter regulatory scrutiny, integration difficulties, and competitive responses from rival operators. Recent market trends indicate that acquisitions of this nature can influence investor sentiment and prompt competitors to pursue strategic alliances or adopt aggressive pricing strategies to protect their market positions.
TLC Jet’s recent initiatives include the launch of a dynamic pricing membership and the “TLC does TFRs” program, designed to assist clients in navigating presidential Temporary Flight Restrictions (TFRs). This program facilitates flights into FXE and offers complimentary ground transfers to Palm Beach, with the company managing over a dozen client transfers weekly using a dedicated fleet of vehicles.
Firestone also pointed to the advantages offered by TLC Jet’s sister company, Toledo Jet, and its in-house facilities, which provide pre-buy inspections—a valuable service for buyers aiming to maximize bonus depreciation benefits before 2025.
Looking forward, TLC Jet’s leadership acknowledges the numerous opportunities for further expansion but recognizes that the successful integration of Privaira will require careful management of regulatory and competitive challenges. The acquisition is expected to close once all necessary approvals are secured.

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