Page 46 - Volume 20 No. 6

UPDATES
JetAVIVA Agrees to Acquire Kansas Aircraft Corporation
JetAVIVA, the world’s
leading seller of light
jets, announced May 3,
2016 that it has reached an
agreement to acquire Kansas
Aircraft Corporation (KAC),
a highly-respected aviation
sales firm based in the
Kansas City metropolitan
area. In the last year, the two organizations transacted over 120 aircraft, making the new alliance one of the largest and most influential in the industry, covering the spectrum of piston, turboprop, and jet aircraft. The combined strength and capacity of the two organizations will further support jetAVIVA’s market-leading positions in the pre-owned Citation and Embraer markets, as well as the turboprop and piston aircraft markets.
“Since our inception, it has been jetAVIVA’s core mission to make our clients’ and stakeholders’ dreams come true. As we enter our 10th year of business, we have made it our goal to extend that mission to
include more segments in the general aviation industry,” said Cyrus Sigari, jetAVIVA CEO. “KAC shares our core values of integrity, trust, and service above self, making the acquisition a very natural fit for us.”
Effectively immediately, Kansas Aircraft Corporation CEO Tim White has been named a Managing Partner for jetAVIVA. White joins the jetAVIVA team having previously served as Sr. Vice President of Sales for the Americas at Cessna Aircraft, overseeing sales of all new and pre- owned Citation, Caravan, and single-engine aircraft for North, Central, and South America. In addition to his extensive senior executive experience at Cessna, he also previously served in a senior sales executive role at Bombardier Aerospace, overseeing sales efforts for the Global, Challenger, and Learjet business jet product lines. In the above capacities, Tim was responsible
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JUNE 2016