Elevate Aviation Group Explained

Elevate Aviation Group
Former Name:Elevate Holdings
Industry:Aviation and air travel management
Predecessors:-->
Founded:2003
Founder:Greg Raiff
Successors:-->
Hq Location Country:United States
Areas Served:-->
Services:Aviation and air transportation services
Owners:-->
Subsid:Private Jet
Keystone Aviation
Elevate Jet[1]

Elevate Aviation Group,[2] formerly known as Elevate Holdings, is an American aviation, air transportation, aircraft management and maintenance service group.[3] It was founded in 2003 by Greg Raiff.

Background

Elevate Aviation Group is a group of multiple aviation and aircraft management companies founded by Greg Raiff. Raiff started his first business, a student travel and tour service company, while still in college. He sold the company in 1999 and started a company in 2003 which later became Elevate Holdings.[4] [3] Raiff is currently the chief executive of Elevate Aviation Group.[5]

Elevate Aviation Group has several subsidiaries, including Private Jet Services Group, Elevate Jet, Keystone Aviation (acquired in June 2022),[6] and Keystone MRO.[7] [4] [3] Elevate Holdings the 15th largest aircraft management business in the United States.[3]

Elevate Holdings was rebranded as Elevate Aviation Group in 2022.

In July 2023, Elevate Aviation Group designated an additional $10 million annually for investment in jet card membership, on-demand charters, and brokerage services through Private Jet Service.[8]

A Florida court awarded an arbitration award of $29 million to Elevate Aviation Group against iAero Airways in August 2023.[9]

Services

Elevate Aviation Group offers aircraft management and maintenance services, on-demand charter, consultancy for owners and charter users, and brokerage services for buyers and sellers.[10] [11]

External links

Notes and References

  1. Web site: Newly Branded Elevate Aviation Group Eyes Growth. Kerry. Lynch. Aviation International News.
  2. Web site: Lynch . Kerry . Newly Branded Elevate Aviation Group Eyes Growth . 2023-03-22 . Aviation International News . en.
  3. Web site: Keystone Aviation acquired by Elevate Holdings. January 7, 2022.
  4. Web site: Elevate Holdings Acquires Keystone Aviation. www.businesstravelexecutive.com.
  5. Web site: Elevate buys aircraft management services firm Keystone Aviation. Shalini. Nair. January 7, 2022.
  6. Web site: Elevate Holdings Acquires Keystone Aviation To Expand Aircraft Management Services And Scale High-Touch Business Aviation Experiences. PJS Group. 2023-02-07.
  7. Web site: Elevate Plans Keystone MRO Expansion after Acquisition. Jerry. Siebenmark. Aviation International News.
  8. Web site: Elevate Aviation Group announces $10 million annual investment . 2023-08-16 . en-GB.
  9. Web site: Private Jet Services Awarded $29-Million Judgment Aero-News Network . 2023-08-16 . www.aero-news.net.
  10. Web site: Elevate Holdings Promises Keystone Aviation Acquisition ‘First Of Many’. Doug. Gollan. Forbes.
  11. Web site: Keystone Aviation to expand service and maintenance capabilities powered by Elevate Holdings. February 9, 2022. Business Airport International.