Big changes at Amerijet

On 26 July, ZS Fund L.P., a New York-based private equity firm announced it had acquired a majority stake in Miami-based Amerijet Holdings, Inc., and its logistics subsidiary, ITN Worldwide from H.I.G. Capital, for an undisclosed amount. In addition to the change in ownership, Amerijet’s founder, Dave Bassett will also step down as the group’s […]

Cargojet to purchase four more 767s

In the past month we have twice posted about Canada-based Cargojet expanding its fleet. Well, they are at it again, so here is Chapter 3 in the Cargojet Chronicles — more 767s, more 757s, and even some Challenger 601s. But first, a summary of Chapters 1 and 2: In the first quarter of this year, […]
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