ASL Aviation Group Ltd, a Dublin-based aviation group, has acquired Basel-based Farnair Group. Farnair comprises four airlines in Europe and Asia as well as two other service companies. Farnair provides a range of air cargo services and supplies charter aircraft to governmental and relief agencies as well as to the events industry and has operations in Europe, West Africa, the Middle East, India, Southeast Asia and Oceania. The acquisition increases the number of affiliate airlines of ASL Aviation Group to 7, the number of aircraft operated to over 100 and its headcount to over 1,500.

ASL Aviation Group was advised by Homburger on all Swiss legal aspects of this transaction and the related financing. The Homburger team was led by partner Marcel Dietrich (Corporate | M&A | Regulatory) and included partners Jürg Frick (Banking | Finance), Reto Heuberger (Tax), associates Daniel Häusermann (Corporate | M&A), Bettina Meyer (Regulatory), Richard Stäuber (Regulatory | Employment), junior associate Daniel Lütolf (Regulatory) as well as other Homburger lawyers.