Gulfstream operator Pegasus Elite Aviation has been acquired by Prima Air Group.

Prima Air was founded by Lina Tullberg in 2019 through a successful venture interest and partnership with Pasaca Capital, solely owned by Dr Charles Huang. After becoming its majority shareholder he set up Prima Air Group; the acquisition of Pegasus Elite Aviation is one of the many business ventures the group has outlined for the long-term growth of the company. Led by an executive team holding a combined century of corporate aviation experience, Prima Air Group has cultivated a strong support team of more than 100 full-time employees, including 49 pilots, 25 flight attendants as well as ground support staff.

Huang says: “We will continue to support US-based businesses with the rapid expansion of our jet fleet.”

Partner and CEO Lina Tullberg adds: “With the combination of elite management, high level operational experiences and efficiencies, along with the ever expanding fleet of managed and owned aircrafts by Pegasus, Prima Air’s future vision and business models will establish the company as a strong player and industry leader.”

To further that goal, the operator is expanding its fleet with the addition of a new Gulfstream 650ER.

Pegasus CEO Tim Prero says: “With the leadership of Dr Huang and Lina Tullberg, Pegasus Elite Aviation will excel with a substantially enlarged and improved aircraft fleet. Adding this 2022 G650ER to our existing fleet enables us to better meet and even exceed our fast-growing and diverse customer base, both domestic and globally.”

The Gulfstream fleet is based at Oakland, Teterboro and Van Nuys in the US, with one aircraft at London Biggin Hill, UK.