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National Airways Corporation acquires a 25% stake in Discovery Jets

Martin Banner, CEO of NAC said: “In our 75th year, we are very proud to announce this acquisition, in line with our strategy of expanding our global footprint.

“We will be working very closely with Cheryl, Darren and their team to expand the range of service offerings, mirroring what we do at NAC where appropriate.

“Being a partner in this business with a Part 135 license in the USA is going to be an exciting growth opportunity for us.

“We welcome Discovery Jets to our NAC family, and we look forward to working closely with them to maximize the opportunities that lie ahead.”

Darren Banham, CEO of Discovery Jets says: “We have worked closely with NAC for almost 18 months and their likeminded mentality and synergy with the industry made for a very attractive business partnership.

“The wealth of experience that Discovery Jets has direct access to, will without doubt, shorten our path to becoming a key and fundamental operator within the North, South and Central American markets while expanding our fleet conservatively to accommodate the demand.”

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