Jetscape Aviation Group has announced the completion of the merger and restructuring transaction with M1 Commercial Jets which was previously owned by M1 Leasing, a subsidiary of the private investment holding – M1 Group. M1 have established a new holding company, Jetscape Aviation Group Ltd (JAG Ltd) based in the British Virgin Islands. JAG Ltd is now 57% owned by M1 Leasing, while Jetscape’s original shareholders maintain 43% of the holding. The shareholders have collectively subscribed to USD37 million in new equity capital. The newly formed group will be run by Jetscape’s existing management team, lead by John Evans as

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