Delta Air Lines' (NYSE: DAL) 100% owned subsidiary, Delta AirElite, has acquired Segrave Aviation. The all cash transaction will double the size of the Delta AirElite fleet and improve web-based booking and the travel experience for fleet membership and charter customers.
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Delta is the only U.S. based carrier with commercial and private jet service. Delta AirElite offers customers the ability to earn SkyMiles and immediate Medallion qualification up to Diamond status, integrating Delta's commercial and private jet product offering to high value customers.
Delta AirElite, which operates a fleet of owned and managed aircraft, was established in 1984 and is based in Cincinnati. Delta AirElite was named 2009 "Best Private Jet Service" by Executive Travel Magazine.
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