Earlier today, Bestfly announced the completion of the acquisition of Austria-based MS Aviation as part of its broader European expansion strategy.  MS Aviation is an aircraft asset management company based in Austria offering end-to-end support solutions for various aircraft types.  As part of the acquisition by Bestfly, MS Aviation will relocate its offices to Graz, Austria.

"Bestfly has developed an expansion strategy that focuses on critical steps in the European and Caribbean markets.  Leveraging our recent additions to our executive board, we are executing this expansion strategy in multiple phases.  The acquisition of MS Aviation is a critical part of this growth strategy," said Nuno Pereira, Chairman & Group CEO, Bestfly. "MS Aviation gives us a further foothold in Europe from where we will expand the existing corporate aircraft management services, add another link to our current European VIP charter business, and further establish a broader structure of commercial aircraft ACMI solutions."

"We are already engaged in the evaluation of various commercial aircraft types to be added to our business aviation expertise.  Coming into the Bestfly aviation group and being supported by their strong leadership team with a significant market footprint is another step to expanding the capabilities of MS Aviation," said Michael Mayer, Accountable Manager of MS Aviation.  "We have good experience on Gulfstream, Bombardier, and Dassault business jets so this is yet another area of efficiency that will be added to Bestfly's operations in Europe."