Private aviation group Air Partner’s shareholders have approved the proposed takeover by US-based Wheels Up.
An agreement for Wheels Up to acquire Air Partner for $107 million was first announced in January.
The vast majority (94 per cent) of Air Partner’s shareholders voted in favour of the sale at a general meeting held on Tuesday (8 March).
UK-based Air Partner, which was founded in 1961, has operations in 18 locations across four continents. It provides private jet, group and freight charter, as well as aviation safety and security solutions.
The company is currently listed on the London Stock Exchange but these shares are now set to cancelled by 4 April.