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Hassan Chowdhury Acquires W...

Acquisition

Hassan Chowdhury Acquires Worldwide Jet Charter And Carlisle Air Group For $600 Million

Building Size

Asset Type

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.

Players

Hassan Chowdhury

Carlisle Air Group

Buyer

$12.3M

vol

5 deals

Buyer

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