CharterX Acquires Wyvern: To Integrate Safety Intelligence into World's Largest Air Charter Marketplace

CharterX is pleased to announce that it has acquired Wyvern Consulting Ltd., a global leader in aviation safety auditing, consulting and information services. Together the companies will deliver Safety Intelligence, the air charter industry's first integrated information system providing in-depth safety analysis to charter buyers around the world through the CharterX Industry XChange. While working with CharterX to deliver integrated safety information services, Wyvern will continue to operate as a separate, unbiased safety evaluations entity, providing ongoing operator, aircraft and crew analysis and consulting services.

The acquisition of Wyvern significantly advances our strategy of building the air charter industry's premier information technology company, says Jim Betlyon, CharterX founder and president. As air charter usage has grown markedly in recent years, safety information has become increasingly important to charter buyers. By delivering Wyvern's Safety Intelligence through CharterX's platform, buyers will be able to ensure that they are booking a safe and compliant flight.

Walter D. Lamon, founder of Wyvern, will continue as president, and says he views the merger with CharterX as a tremendous opportunity for his company. For more than 15 years, Wyvern has been the industry leader in safety standards and methodologies; CharterX has a successful track record of developing and delivering services that enable the air charter industry to operate profitably and efficiently, says Lamon. Operators who have met Wyvern's stringent safety standards will further benefit from the CharterX distribution platform, because it will enable them to market their operational soundness to air charter buyers around the world.

Read a letter about the acquisition from Jim Betlyon, President of CharterX

Learn more about Wyvern, visit their website.