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 as of December 31, 2022. Abelag operates in a competitive market with competitors including Wheels Up, Surf Air, NetJets, Victor and VistaJet, among others.
- Headquarter Brussels, Belgium
- Employees 13 as on 31 Dec, 2022
- Founders Patrick Hansen
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Sectors
Travel & Hospitality
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Abelag Handling
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Annual Revenue
$14.08 M (USD)70as on Dec 31, 2022
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Net Profit
$1.23 M (USD)141as on Dec 31, 2022
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EBITDA
$1.67 M (USD)158as on Dec 31, 2022
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Latest Funding Round
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Investors
Luxaviation
& 1 more
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Employee Count
13
as on Dec 31, 2022
- Acquired by
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Funding Insights of Abelag
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Abelag
Abelag has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Luxaviation and Sofindev. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Sofindev is engaged in private equity investments for businesses.
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Founded Year | Domain | Location | |
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Private jet charter and aviation services are provided internationally.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Abelag
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Abelag
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Abelag Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Private jets are booked through an online membership platform.
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| domain | founded_year | HQ Location |
Private airline services are offered via a membership-based subscription model.
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| domain | founded_year | HQ Location |
Private jet charters and aircraft shares are brokered online.
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| domain | founded_year | HQ Location |
Online platform for booking private jet
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| domain | founded_year | HQ Location |
Unscheduled air transportation is provided for travelers and executives.
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| domain | founded_year | HQ Location |
Private aviation flights are booked through an app-based marketplace.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Abelag
When was Abelag founded?
Abelag was founded in 1964.
Where is Abelag located?
Abelag is headquartered in Brussels, Belgium. It is registered at Brussels, Brussels-capital Region, Belgium.
Who is the current CEO of Abelag?
Patrick Hansen is the current CEO of Abelag. They have also founded this company.
How many employees does Abelag have?
As of Dec 31, 2022, the latest employee count at Abelag is 13.
What is the annual revenue of Abelag?
Annual revenue of Abelag is $14.08M as on Dec 31, 2022.
What does Abelag do?
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.
Who are the top competitors of Abelag?
Who are Abelag's investors?
Abelag has 2 investors. Key investors include Luxaviation, and Sofindev.
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