The jet charter company said, Britain’s Air Partner has acquired aviation safety specialist Baines Simmons for £6 million (USD 9.4 million) to gain exposure to the growing demand for air safety advice.
Air Partner, which charters aircraft for governments, companies and high-net-worth individuals including the UK’s Queen Elizabeth, said the deal would add a more stable revenue stream to its sometimes volatile broking income.
Air Partner director Justin Scarborough said, “What companies are being forced to do across Europe is to have increased levels of accountability (for safety).”
Baines Simmons’ customers include British Airways, the Royal Air Force and Airbus.