Ipswich millionaire sells airline

IPSWICH millionaire Graeme Kalbraier has sold his Norwich-based airline business, it was announced today.

IPSWICH millionaire Graeme Kalbraier has sold his Norwich-based airline business, it was announced today.

SaxonAir Charter Limited and SaxonAir Flight Support Limited have both been acquired by Klyne Aviation Limited on undisclosed terms.

The company, which employs ten staff, offers private and business aviation air charter for flights out of Norwich and the East Midlands, a profitable brokering sub-charter business for flights from any European airport and a ground handling and flight support service.

Klyne Aviation plans to develop the business significantly and will immediately introduce its own aircraft to operate alongside those of SaxonAir to modernise and extend the fleet, which will then consist of two Beech King Air turbo prop and two executive jet aircraft.

Mr Kalbraier, who also owns Ipswich-based company Call Connection, said “The acquisition by Klyne Aviation is excellent news and the immediate expansion of the fleet represents a tremendous boost to the business by allowing the company to offer existing and new customers access to a superb range of modern jet and turbo prop aircraft for business and private charter.

“We wish the new owners every success in the continued development of the business in what promises to be an exciting time.”