January 22, 2010 (FinancialWire) — Delta Air Lines (NYSE: DAL) said that its wholly owned subsidiary, Delta AirElite, has acquired Segrave Aviation.

Kinston, North Carolina-based Segrave Aviation began operations in 1994 and directs a fleet of managed aircraft specializing in wholesale charter aviation services, private aircraft management, aircraft maintenance and fixed base operations.

Delta AirElite, which operates a fleet of owned and managed aircraft, was established in 1984 to offer private jet service.

The airline said the all-cash transaction will double the size of the Delta AirElite fleet and improve Web-based booking and the travel experience for fleet membership card and charter customers.

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