In This Article:
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Strategic Integration: Air Charter Advisors expands Flyte’s global reach while advancing revenues within its AI-enabled aviation platform
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Deal Terms: Valued between $3–6 million; expected to close within 60 days
NEW YORK, April 22, 2025 (GLOBE NEWSWIRE) -- Creatd, Inc. (OTC: CRTD), a diversified holding company scaling growth through strategic acquisitions, has signed a Letter of Intent (“LOI”) to acquire Air Charter Advisors, Inc., a boutique private aviation firm based in Blue Bell, Pennsylvania. The transaction follows Creatd’s recent $8.3 million acquisition of Flyte (formerly Flewber Global, Inc.) and further solidifies its position as a leading consolidator of aviation assets. The deal will be executed through Flyte, Inc., a wholly owned subsidiary of Creatd, and is expected to close following the completion of due diligence and definitive agreements.
Establishing the AI Infrastructure for the Future of Private Aviation
Flyte offers regional, domestic and international private air travel through its Flyte Luxe and Hops products. Through this acquisition, Flyte will expand its customer base and diversify its service offerings, while maintaining Air Charter Advisors as an independent operating entity within Creatd’s broader aviation network.
Air Charter Advisors brings a complementary portfolio of services—including global jet charter, non-emergency air ambulance flights, and cargo charter services—along with longstanding relationships across corporate, government, and high-net-worth clientele. As part of the Flyte platform, Air Charter Advisors will gain access to Flyte’s shared services infrastructure, including finance, compliance, IT, performance marketing, booking technology, and AI-powered optimization tools designed to drive efficiency and scale across operations.
“Air Charter Advisors is a strong cultural and strategic fit for Flyte,” said Marc Sellouk, CEO of Flyte. “This is exactly the kind of integration Flyte was built for—we’re not here to compete with great operators, we’re here to empower them. By combining our AI-driven infrastructure with trusted teams like Adam’s, we’re building a shared services platform that relieves operators of operational burdens and creates something the private aviation market has never had: scale, efficiency, and service—together.”
“We’ve built Air Charter Advisors on a reputation for trust, reliability, and exceptional service,” said Adam Steiger, President of Air Charter Advisors. “Coming under the umbrella of Flyte and Creatd gives us access to world-class marketing and cutting-edge technology that supercharges our ability to scale. This collaboration empowers us to innovate faster, deliver an even better client experience, and help shape the future of private aviation.”