Hangar 8 - Air Charter Service
 

Reverse takeover apparently! Looks like the 2 companies will come together soon, no link to the story but if you google search you will see. Never saw those two pairing up! Anyone an idea what affect this will have for charter operators and brokers.

I would of thought commercial suicide here, operators and brokers in bed never end in great sex!!!

Hangar 8 in reverse takeover talks with ACS

13 February 2014 | 15:15pm
StockMarketWire.com - Trading in Hangar 8's shares has been suspended on AIM after it confirmed advanced talks on a reverse takeover of Air Charter Service Group, a privately owned air charter business.

Non-executive chairman Nigel Payne said: "We are very excited about the prospect of putting Hangar 8 and ACS together to strengthen our combined offering to the aviation industry. I believe that the combination of the two businesses provides for a compelling proposition for all of the stakeholders of both businesses."

At 3:15pm: (LON:HGR8) Hangar8 share price was 0p at 252.5p
- See more at: Hangar 8 in reverse takeover talks with ACS | 13 February 2014 | Stock Market Wire

ACS and Hangar 8 PLC in merger talks ...
 

News - Official Statement from ACS regarding merger talks

Hangar 8, one of Europe’s largest operators of privately owned passenger jet aircraft, is pleased to announce that it is in advanced discussions with Air Charter Service Group plc (“ACS”), a privately owned air charter business, about a potential combination of the two businesses to form a significantly enlarged group on the AIM market.

Does anybody know why this merger project eventually failed?

The Air Partner+Gold Air story didn't end well, but H8+ACS was an interesting value proposition.