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Leading Helicopter Tour Operator

Transportation

Client Number

61051

EBITDA

$3,574,000

Revenue

$10,600,000

Region

Western U.S.

Contact Details

Mike Meredith

(949) 407-6903

mmeredith@generational.com

The Company provides helicopter sightseeing tours departing from two Western USA airports. By controlling it’s costs, maximizing revenue per flight hour, achieving the highest industry aircraft occupancy (97%), the Company has grown from one aircraft to a fleet of aircraft in just five years - flying over 6,500 hours and 44,000 passengers per year.

By operating from geographically strategic airports, the Company has achieved significantly higher revenues per flight hour compared with local competitors. In addition, the Company has been able to reduce operating expenses by purchasing jet fuel 50% less than at the other main regional airport locations. The Company utilizes an aircraft capable of delivering a premium VIP sightseeing experience. Customer markets include activity desks (13% of revenue), Internet tour resellers (68%), Company website (14%) and other (5%). The Company employs a dedicated Sales and Marketing Team with extensive sightseeing and industry experience. Consequently, management believes the Company has excellent growth opportunities going forward.

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