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Altair International Corp (OTCQB: ATAO) is a diversified holding company that aims to acquire interests in profitable ventures within the Energy, Minerals, and Technology sectors. The company recently announced a merger with Premier Air Charter, Inc., which is expected to expedite growth and business model implementation. Altair's strategy involves increasing aircraft and acquiring new destinations through acquisitions and organic growth. Premier Air Charter, known for its dedication to excellence and safety standards, owns or leases most of the aircraft on its certificate and has in-house maintenance capabilities.
Altair International Corp (OTCQB:ATAO) announced that its merger partner, Premier Air Charter, Inc., reported a 12% increase in unaudited revenue for the first six months of 2024. Premier's revenues reached $9,944,306, attributed to increased chartered hours from new aircraft acquisitions. The merger, announced on February 16, 2024, is expected to be completed by August 31, 2024. Premier's CEO, Ross Gourdie, expressed excitement about the merger, stating that access to public markets will accelerate their expansion plans. Following the merger, Premier's officers and directors will assume leadership roles at Altair.
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