First Class Air Partners with Vertical Aerospace
October 2026
Louisville, Kentucky
O2 Investment Partners (www.o2investment.com) is pleased to announce that through First Class Air (www.firstclassair.com) it has made an investment in and partnered with Vertical Aerospace (www.goverticalaero.com) to support its strategic growth plan.
Isac Roths, CEO of First Class Air, commented, “Vertical Aerospace is a great addition to First Class Air, providing differentiated capabilities which complement the services we offer across our organization. Our focus has always been on finding better ways to solve problems for our customers and keep their aircraft operating. By bringing Vertical Aerospace’s structural repair, engineering and fabricated part manufacturing expertise together with our existing distribution, MRO, DER, PMA, teardown and exchange capabilities, we can provide customers with even more solutions through one integrated company.”
Vertical Aerospace provides MRO, engineering and fabricated part manufacturing services supporting commercial, cargo and military aircraft. Vertical Aerospace specializes in nacelles and thrust reversers, flight control surfaces, composite and metallic structural repair, cowlings, ducts, exhaust components, engineering and repair development, fabrication, NDT and specialized processing. Vertical Aerospace’s quality system is AS9100 Rev. D certified, and the company holds FAA and EASA repair station certifications.
Tray Siegfried, Founder and General Manager of Vertical Aerospace, commented, “Joining First Class Air creates an exciting opportunity for Vertical Aerospace, our employees and our customers. We have built Vertical Aerospace around technical expertise, creative problem-solving and a commitment to making it easy for our customers to do business with us. Those principles align extremely well with First Class Air. We will continue serving our customers with the same team and commitment they know today, while gaining access to a much broader network of capabilities and resources for growth that will allow us to provide even more solutions in the future.”
Charlie Miller of O2 Investment Partners commented, “Partnering with Vertical Aerospace marks a key milestone in the development of First Class Air. Tray and his team have built an impressive business with strong technical capabilities, specialized repair processes and a customer-focused culture. We look forward to supporting Isac, Tray and the entire First Class Air team as they continue to expand its capabilities and solutions offered to customers across the aviation aftermarket.”
About First Class Air:
First Class Air is an integrated aviation aftermarket company delivering distribution, MRO, DER repair, PMA manufacturing, aircraft teardown, exchange programs, engineering, fabricated part manufacturing and supply chain solutions to operators worldwide. Its specialized companies include Cargo Repair, First Class Air Support, Cobalt Aero Services, Innodyne Systems, Survival Products and Vertical Aerospace, supporting freighter, commercial, regional, military and business aviation customers across the global aircraft lifecycle. Every First Class Air company operates with a shared commitment to responsiveness, technical expertise and exceptional customer support, helping aviation operators reduce aircraft downtime, lower maintenance costs, extend component lifecycle and improve supply chain efficiency, The First Class Way.
About Vertical Aerospace:
Vertical Aerospace provides MRO, engineering and fabricated part manufacturing services supporting commercial, cargo and military aircraft. Vertical Aerospace specializes in nacelles and thrust reversers, flight control surfaces, composite and metallic structural repair, cowlings, ducts, exhaust components, engineering and repair development, fabrication, NDT and specialized processing. Vertical Aerospace’s quality system is AS9100 Rev. D certified, and the company holds FAA and EASA repair station certifications.
About O2 Investment Partners:
O2 Investment Partners is a Midwestern-based private equity firm that seeks to acquire majority interests in lower middle market B2B services, technology, and select industrial companies. The firm invests in businesses with earnings growth potential and a clear path to the creation of shareholder value. O2 invests with a view toward partnering with management to build and grow the business and take it to its next stage of development. This requires not only a clear vision and strategic plan to create shareholder value, but a close partnership and alignment of interest with management.
Additional information is available at www.firstclassair.com; www.goverticalaero.com; www.o2investment.com