Hassan Chowdhury Acquires Worldwide Jet Charter And Carlisle Air Group For $600 Million
Building Size
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Asset Type
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Closing
Jul 10, 2026
AI
In April 2026, Hassan Chowdhury, founder of Reserve Jets, acquired Worldwide Jet Charter and Carlisle Air Group, marking a seed-stage acquisition in the private aviation sector. This transaction is among the most notable deals of the year, with the combined companies achieving an estimated valuation of approximately $600 million.
Summary of transaction details:
- Deal Type: Seed-stage acquisition
- Transaction Amount: Approximately $600 million
- Acquired Companies: Worldwide Jet Charter, Carlisle Air Group
- Founder: Hassan Chowdhury
- Headquarters: Phoenix, Arizona
Reserve Jets, under the leadership of Hassan Chowdhury, is expanding its presence in the global private aviation market through this strategic acquisition. The consolidation of Worldwide Jet Charter and Carlisle Air Group enhances operational capabilities and market reach, positioning Reserve Jets Acquisitions as a significant player in the industry.
Market CRE Market Snapshot
Boundary boundary · CRE · All transaction types transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93