Phoenix, Arizona-based Swift Air has been acquired by iAero Group, an integrated aviation platform business headquartered at Miami International airport. Swift Air joins engine MRO AeroThrust and airframe MRO AeroTech under the iAero Group integrated aviation platform family.

CEO Jeff Conry says: “We have been looking forward to joining iAero Group to leverage its capabilities to provide industry leading aircraft and service levels and have access to new capital to refresh and expand our fleet.“

Swift Air will now have access to iAero Group's MRO capabilities to build and maintain a high quality, flexible fleet of aircraft in the market to deliver high levels of customer satisfaction. In addition, Swift Air will be able to reduce cost, increase in-service rates and extend the life of its fleet.

“We are extremely excited to welcome Swift Air to our family of businesses,” says iAero Group CEO Robert Caputo. “Swift Air will immediately benefit from our MRO and aircraft refurbishment capabilities and can further expand its capacity with our owned Boeing 737 aircraft.”