Sikorsky is selling executive charter operator Associated Aircraft Group (AAG) to OneSky LLC, as it seeks to further streamline its business and focus on the production and support of its core product line.
The move follows the sale of Sikorsky’s light product line — including the popular light helicopter S-300 — to Schweizer RSG almost exactly three years ago.
In an emailed statement provided to Vertical, a Sikorsky spokesperson confirmed the company had “entered into a definitive agreement to sell” AAG to OneSky, an aviation portfolio owned by Directional Aviation.
“This decision allows Sikorsky to increase focus on our core business of manufacturing and sustaining helicopters, while providing opportunity for AAG to pursue its growth potential,” the statement said.
AAG would seem a good fit for OneSky, joining private jet-focused companies including Flexjet, Sentient, PrivateFly, FXAIR and Sirio.
Sikorsky purchased AAG in 1999, 10 years after its founding in Danbury, Connecticut. On its website, the company claims to operate the largest fleet of Sikorsky S-76 aircraft in the northeastern U.S., and it has bases across the region.
In addition to operating 10 aircraft, AAG is a Federal Aviation Administration part 145 repair station, and a Sikorsky-authorized service center.
With its headquarters now at Hudson Valley Regional Airport in Wappingers Falls, New York, the company had grown to more than 60 employees before the Covid-19 pandemic struck.
