iAero Airways

Name

iAero Airways

Website

https://iaeroairways.com

Company type

Private

Founded year

1997

Operating status

Closed

Headcount range

501–1,000 employees

Short description

iAero Airways was a privately held U.S. passenger and cargo airline that provided scheduled passenger service, dedicated cargo (including for DHL), charter flights (including for the NHL), and government transport (including for U.S. Immigration and Customs Enforcement) before ceasing operations in April 2024 following bankruptcy.

Ownership category

akta.pro rank

Product category

Air Transportation Services

NAICS

Nonscheduled Air Transportation (4812), Scheduled Air Transportation (48111), Nonscheduled Chartered Passenger Air Transportation (481211), Scheduled Freight Air Transportation (481112), Nonscheduled Chartered Freight Air Transportation (481212)

SIC

Air Transportation, Nonscheduled (4522), Air Transportation, Scheduled (4512)

akta.pro primary industry

Group & ACMI Charter Airlines (Ad-hoc/Wet Lease) (TLAFABAC)

akta.pro secondary industries

Scheduled Air Cargo Airlines (All-Cargo Carriers) (THABAEAA), Government, Diplomatic & Military Passenger Charter Operators (THABADAG)

Keywords

• Passenger air travel
• Cargo air services
• Charter flight services
• Government air transport
• Airline operations

Headquarters

HQ city

Phoenix

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Marketing or Sales

Revenue model

1. Passenger Air Services: Commercial passenger airline operations serving domestic and international routes, ceased in 2024 after bankruptcy filing
2. Cargo Air Services: Freight and cargo transportation services, ceased in 2024 after bankruptcy filing

Distribution channels1 record

Core offering

iAero Airways was a U.S. passenger and cargo airline offering commercial passenger flights on domestic and international routes, air cargo transportation (including DHL contracts), charter services for sports organizations (such as the NHL), and government contract transportation services (including ICE). The company ceased operations in April 2024 following bankruptcy filing and unsuccessful restructuring attempts.

Differentiator

Problem solved

Functional benefit

Products and services

• Passenger Air Travel Services

Named customers3 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered core and minor.

• Eastern AirlinescoreStrategic or Co-development Partner · 2 April 2024Pending asset acquisition - Eastern Airlines was working to purchase iAero Airways assets through bankruptcy proceedings, with the sale pending court approval
• DHLminorOthersContract customer for cargo transportation services
• NHLminorOthersContract customer for sports team charter transportation
• U.S. Immigration and Customs EnforcementminorOthersGovernment contract customer for transportation and logistics services

Scale indicators3 records

Direct peers

• Amerijet International Airlines: U.S.-based cargo carrier operating scheduled and charter freight services across the Americas; comparable to iAero's cargo business model with similar integrator and government customer exposure.
• Western Global Airlines: U.S. cargo carrier operating scheduled and charter freight services for postal, military, and commercial customers; directly comparable to iAero's cargo and government charter operations.
• Sun Country Airlines: Hybrid scheduled passenger and charter/cargo carrier (including Amazon Air operations); operates a similar diversified model spanning scheduled service, charter, and contracted cargo flying.
• Air Transport Services Group: Provider of aircraft leasing, ACMI operations, and air cargo services to DHL, Amazon, and other logistics customers; directly comparable to iAero's cargo segment and ACMI service model.
• Atlas Air: Leading ACMI/leased-capacity cargo and charter operator providing aircraft, crew, maintenance and insurance to airlines, freight forwarders, and government customers — directly comparable to iAero's charter and cargo model.
• Eastern Airlines: U.S. charter and scheduled passenger/cargo carrier that emerged from a prior bankruptcy and is currently the acquirer of iAero's assets; operates a similar mixed passenger/cargo/charter model serving government and sports clients.
• 21 Air: U.S. ACMI cargo operator providing wet-lease services to integrators and freight forwarders; comparable to iAero's contracted cargo flying for DHL and similar logistics customers.
• Northern Air Cargo: U.S. cargo airline providing scheduled and charter freight services, including government and remote-region logistics; directly comparable to iAero's cargo and government contract segments.
• National Airlines: U.S.-based passenger and cargo charter operator offering ACMI and government logistics services; closely mirrors iAero's mixed passenger/cargo charter business and ICE-style government contract work.

Emerging players

• Global Crossing Airlines: U.S. charter and scheduled passenger operator providing ACMI services and sports/entertainment charters; comparable to iAero's NHL charter and passenger operations on a smaller scale.

Market position

Customer concentration

• LinkedInlinkedin.com/company/iaero-airways

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about iAero Airways