May 27, 2018 7:58 PM ET

Airlines

Company Overview of TEM Enterprises, Inc.

Company Overview

TEM Enterprises, Inc., doing business as XTRA Airways, provides passenger air transportation services. It offers services in the Eastern, Central, and Western United States. The company was founded in 1991 and is based in Coral Gables, Florida. As of December 31, 2014, TEM Enterprises, Inc. operates as a subsidiary of AerSale Inc.

121 Alhambra Plaza

Suite 1700

Coral Gables, FL 33134

United States

Founded in 1991

Phone:

208-333-9872

Fax:

702-442-1104

Key Executives for TEM Enterprises, Inc.

Chief Executive Officer
Chief Operating Officer
Chief Pilot
Compensation as of Fiscal Year 2017.

TEM Enterprises, Inc. Key Developments

AerLine In Negotiations To Sell TEM

AerLine Holdings has entered into negotiations to sell its wholly-owned subsidiary TEM Enterprises, Inc. Following the decision to divest of its interest in TEM, “We have put the company in the best position to permit a new owner to add whatever aircraft fleet type that best suits its operational needs, without the burden of expensive leases or old technology equipment. TEM is the perfect vehicle to launch a new airline venture with a clean balance sheet,” stated the airline Chief Executive Officer Frank Visconti. AerLine will select a buyer that can offer the best value to the company, its employees and shareholders, and is anticipated to make an award before the end of April 2018.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
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