Abelag

Brussels, Belgium Founded: 1964 • Age: 62 yrs Acquired By Luxaviation
Private jet charters and aircraft management services are offered.

About Abelag

Abelag is a company based in Brussels (Belgium) founded in 1964 by Patrick Hansen was acquired by Luxaviation in June 2013. The company has 13 employees. Abelag operates in a competitive market with competitors including Wheels Up, Surf Air, NetJets, Victor and VistaJet, among others.

  • Headquarter Brussels, Belgium
  • Employees 13
  • Founders Patrick Hansen
  • Sectors
    Travel & Hospitality
  • Website abelag.be
  • Social X
  • Acquired by Luxaviation (Jun 2013)
  • Legal Name Abelag Handling
Operational Areas
Key Metrics
  • Annual Revenue
    $14.08 M (USD)
    70
    as on Dec 31, 2022
  • Net Profit
    $1.23 M (USD)
    141
    as on Dec 31, 2022
  • EBITDA
    $1.67 M (USD)
    158
    as on Dec 31, 2022
  • Investors
  • Employee Count
    13
  • Acquired by
    Luxaviation

    & 1 more

    (Jun 2013)

Investors in Abelag

Abelag has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Luxaviation and Sofindev.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Sofindev is engaged in private equity investments for businesses.
–sofindev.beDiegem, Belgium
Private jet charter and aviation services are provided internationally.
2008luxaviation.comLuxembourg
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Investor details for Abelag

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People of Abelag

1 people are tracked at Abelag (1 in leadership); the tracked headcount is 13.

NameRoleGroup
Patrick Hansen
Founder & CEOLeadership
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Timeline of Abelag

3 dated milestones of Abelag across 49 years, from founding to its latest funding, stage changes and deals.

  1. Founded Abelag is founded.
  2. Exit Acquired by Sofindev.
  3. Exit Acquired by Luxaviation.

Competitors of Abelag

Abelag operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Wheels Up, Surf Air, NetJets, Victor and VistaJet, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
wheelsup.com2013New York, United States$401.58M71
Private jets are booked through an online membership platform.
surfair.com2012Santa Monica, United States$24.78M13
Private airline services are offered via a membership-based subscription model.
netjets.com1964Columbus, United States–2,280
Private jet charters and aircraft shares are brokered online.
flyvictor.com2010London, United Kingdom$86.6M–
Online platform for booking private jet
vistajet.com2004London, United Kingdom$150M295
Unscheduled air transportation is provided for travelers and executives.
flyflapper.com2015Sao Paulo, Brazil$8.63M–
Private aviation flights are booked through an app-based marketplace.
aero.com2009San Francisco, United States$101M18
Aero is engaged in providing private jet travel experiences.
stratajet.com2010London, United Kingdom$13M30
Private jets are booked through an online marketplace for charters.
jetsmarter.com2012Fort Lauderdale, United States$152.1M–
Marketplace for private jet charter empty leg
xojet.com2001San Carlos, United States$153.45M–
Private jet charters and flight programs are booked online.
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Detailed competitors of Abelag

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Similar companies to Abelag

10 companies that operate in the same segment as Abelag (Online Travel), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Online bookings for flights, hotels, and travel packages are facilitated.
2000Gurugram, Haryana, IndiaUSD 39 MUSD 1.04 B5,120
Online platform providing multiple travel booking services
2007Gurugram, Haryana, IndiaUSD 96.62 MUSD 130.88 M465
Corporate travel and expense management are facilitated through SaaS platform.
2015Palo Alto, California, United StatesUSD 1.58 BUSD 3.52 M847
Spend management and accounts payable solutions are delivered to businesses.
2019New York, New York, United StatesUSD 3.21 B––
Business spends, payments, and rewards are streamlined by automated workflows.
2011Hyderabad, Telangana, IndiaUSD 13.75 MUSD 149.43 M431
Multiple travel services are booked via an app-based platform.
1999Miami, Florida, United StatesUSD 331.37 M–4,543
Multiple travel services are booked via an app-based platform.
2012Jakarta, Jakarta, IndonesiaUSD 1.02 B––
SaaS-driven credit card and spend management solutions platform for businesses
2017Draper, Utah, United StatesUSD 1.16 B–1
Bus tickets are booked online via portal and mobile app.
2006Bengaluru, Karnataka, IndiaUSD 10 M––
Outdoor tours and activities are booked via an app-based platform.
2009Berlin, Berlin, GermanyUSD 877.51 M––
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Frequently Asked Questions about Abelag

Abelag was founded in 1964.

Abelag is headquartered in Brussels, Belgium. It is registered at Brussels, Brussels-capital Region, Belgium.

Patrick Hansen is the current CEO of Abelag. They have also founded this company.

Abelag has 13 employees.

Annual revenue of Abelag is $14.08M as on Dec 31, 2022.

Abelag was founded in 1964 as a provider of private aviation services in the business aircraft sector. Charters for jets and helicopters are arranged, alongside operational, technical, and administrative management for privately owned aircraft. Operations are based in Brussels, with additional facilities in Kortrijk and Antwerp in Belgium, Lille and Paris in France, and Eindhoven in the Netherlands.

Abelag's top competitors include Surf Air, Wheels Up and Victor.

Abelag has 2 investors. Key investors include Luxaviation, and Sofindev.

Abelag operates through Abelag Handling.

Yes. Abelag was acquired by Luxaviation in June 2013.

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