AirSprint, a large fractional jet operator in Canada, has been acquired by Onex Partners (Onex). The Onex Partners Opportunities Fund, TriWest Capital Partners and other co-investors were involved in the deal. AirSprint's founder and chairman Judson Macor, president and CEO James Elian and certain of its current shareholders will remain investors following closing of the transaction.

Headquartered in Calgary, Alberta, with offices in Toronto and Montréal, AirSprint operates the largest fractional fleet of private aircraft in Canada. AirSprint provides coast-to-coast access, enabling fractional owners to travel to thousands of destinations from locations across Canada. It offers a smarter way to travel by enhancing the private jet ownership experience through industry-leading safety standards, exceptional turn-key service and a fully personalised approach tailored to the needs of its more than 600 fractional owners.

The investment will support AirSprint's next phase of growth, including fleet expansion, operational enhancements, technology investments and strategic initiatives designed to further strengthen its leadership position in the Canadian private aviation market. It will also support continued investment in AirSprint's team of more than 400 professionals across Canada. AirSprint's experienced workforce, proven fractional ownership model and strong growth outlook were important considerations in the decision to invest by Onex and its co-investors.

Following closing of the transaction, Judson Macor, AirSprint's founder and chairman, will become AirSprint's chairman emeritus, and James Elian, AirSprint's president and CEO, will continue in his executive role and remain on AirSprint's board of directors.

Judson Macor, AirSprint's founder and chairman, says: “For the past 26 years, AirSprint's success has been built on the trust, dedication and support of our employees, fractional owners, partners, suppliers and shareholders. I am deeply grateful to everyone who has contributed to our journey and helped establish AirSprint as Canada's leading private aviation company.

“Today marks an exciting new chapter as we welcome Onex and its co-investors as our first institutional investors. Their investment is a strong endorsement of the business we have built and the opportunities ahead, and their experience, resources and long-term perspective will help support AirSprint's continued growth. I am pleased to remain a significant shareholder and member of the board of directors, and I look forward to working alongside Onex, our leadership team and our employees as we continue building on AirSprint's strong foundation.”

James Elian, AirSprint's president and CEO, adds: “What makes AirSprint special is our people. Across the country, our team shows up every day with a deep commitment to our fractional owners and to the standards that have built AirSprint's reputation. As we enter this next chapter, I am excited to work with Onex, whose commitment to supporting our team, serving our fractional owners and advancing AirSprint's long-term vision gives me great confidence that AirSprint will continue delivering the safety, service, reliability and value our fractional owners depend on today and will expect in the years ahead.”

Faiz Hemani, a managing director at Onex Partners, concludes: “Judson Macor founded and grew the company from a single aircraft into a national private aviation platform defined by an uncompromising dedication to its fractional owners, and we're proud to help carry that legacy forward. We're excited to back James Elian and the entire team to execute their plan to grow AirSprint's core business, expand its offerings and continue to deliver the safety standards and white-glove service that set AirSprint apart.”

The transaction is expected to close in the third quarter of 2026.