Helicopters Magazine

London Air Services up for sale

April 21, 2015  By The Vancouver Sun

April 21, 2015, Richmond, B.C. - Richmond-based private jet charter firm London Air Services is up for sale as the Louie family wants to get out of the executive travel business, company president Wynne Powell confirmed Monday.

"There has been a change of direction with the Louie family, where
they want to cash out certain things, and they have asked me to
liquidate the airline," he said in an interview.

But Powell
stressed the company remains profitable and noted several "parties of
substance" have already expressed an interest in buying the entire
operation. | READ MORE


Stories continue below

Print this page