French bizjet operator Wijet (Paris Le Bourget) will merge with its British counterpart Blink (Blackbushe) to form the Wijet Group, becoming the world’s largest air-taxi service provider. In a statement, the company said its enterprise value will amount to EUR45 million (USD50.4 million)

The Wijet Group has been established as a holding company and will have a joint Chief Executive Officer (CEO). The company plans to increase its combined revenues from EUR16 million in 2016 to EUR28 million (USD31.1 million) next year, while passenger numbers are estimated to grow 45% to 16,000 during the same period. It will continue to maintain business charters from Paris Le Bourget, Blackbushe and northern Italy but will provide additional coverage across Western Europe.

Combined, the two air-taxi service providers will boast a fleet of fifteen Cessna 510 Mustangs (a VLJ (Very Light Jet) that seats four people). Initially, the aircraft will operate under their respective Wijet and Blink brands before being merged into a single product.

In 2014, Wijet secured a contract with Air France (AF, Paris CDG) under which it ferries the latter’s first-class passengers, upon request, to and from any European airport of their choice, to and from Paris CDG.