SilverArrow acquires 51% share of Switzerland's PrivatAir

SilverArrow Capital Group has acquired the majority share (51 percent) of Swiss-based PrivatAir, SA, the company said.

PrivatAir is an international premium airline and business aviation group with headquarters in Geneva, Switzerland and operating offices in Duesseldorf, Germany and Lisbon, Portugal. PrivatAir operates a wide-range of aircrafts ranging from Boeing B767, B757, BBJs to Airbus A319 and business jets for airlines like Lufthansa and SAS.

SilverArrow Capital is a group of private investment firms focusing on industrial growth sectors, real-estate and infrastructure projects supported by a global advisory and operations team.