Swiss firm Pilatus to acquire Air Alliance, expand European business

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Swiss firm Pilatus to acquire Air Alliance, expand European business

The aircraft manufacturer Pilatus intends to take over the German aviation service provider Air Alliance. Pilatus, based in central Switzerland, has been working with the company since 2014. +Get the most important news from Switzerland in your inbox The Swiss firm wants to strengthen its presence in Europe with the takeover. The transaction is still subject to regulatory approvals, according to a press release issued on Wednesday evening. Pilatus did not disclose the purchase price. Air Alliance, which employs around 120 people, will remain as a single entity, it said. Managing Director René Petersen will continue to lead the company as its CEO. The company has been a sales and service partner for Pilatus aircraft in Germany and Austria since 2014 and, in addition to sales and maintenance, also covers flight training and operational services. + Swiss plane maker Pilatus opens Seville production facility The subsidiary Unicair, which offers ambulance flights, is not part of the …

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