About Us
Gravitas Aviation Limited is a privately held company whose management has specific expertise in the fields of DHC-6 Twin Otter aircraft and seaplane airline development and operations. The company acquires aircraft for its own operations and lease fleet needs in addition to providing clients with aircraft procurement, upgrade, lease and financing service. Gravitas also provides comprehensive business development services for parties wishing to develop seaplane operations in both new and existing markets.
Gravitas works with aircraft brokers globally and uses its own capital to acquire aircraft, transport them back to select approved maintenance facilities for overhaul and preparation for deployment by subsequent Purchaser or Lessee operators. For owners of aircraft that do not suit our needs we offer exceptional advice, valuation and marketing services. See our services tab.
Cameron Earle is a graduate of the British Columbia Institute of Technology’s International Business Program. Cameron has worked in the aviation field having been employed by Erwin Aero, a maintenance, repair and overhaul facility based out of Airdrie, Alberta. Cameron has also worked as a customs agent for SDV logistics, a logistics firm in Richmond, British Columbia.
As Vice President at Gravitas Aviation Limited Cameron’s duties include the administration of leases for compliance of terms and payments, the sales and marketing of company assets, equipment and services, and the preparation of transaction documents and agreements.
Steve was co-founder and former CEO of AirSea Lines International (Canada) Limited. ASL was successful in developing the first scheduled service seaplane operation in the EU. As no scheduled seaplane operations existed, this process involved the entire development of the regulatory framework, the design and operation of the physical infrastructure including aquatic aerodromes and the recruitment and training of the required human resources. It also involved the branding and marketing of the entirely new concept to the flying public, the sourcing and acquisition of specialized aircraft and funding of the enterprise with over €25,000,000 in private equity from individual and institutional investors.
As founder and President of Gravitas Aviation Limited Steve continues the acquisition, lease and finance of DHC-6 Twin Otter aircraft and, through Gravitas Aviation advisory services, the development of seaplane aviation operations on behalf of client/partners worldwide.
Steven Earle
President
Who We Are
Cameron Earle
Vice President
Almost 100 Twin Otter
Transactions Completed
2024
Gravitas Sale of MSN 895 to Montrose Global
2023
Gravitas Sale of MSN 895 to Montrose Global
Purchase of MSN 842 from Conoco Phillips
Delivery of MSN 842 to Trans Maldivian Airways on lease
2022
Gravitas Sale of MSN 073 to Regent Aircraft Services
Gravitas sale of MSN 282 to Air Adelphi
Gravitas purchase of MSN 073 from Flannigan Enterprises Nevada
Gravitas brokered sale of MSN 078 to Aerostar Alpha
Gravitas sale of MSN 702 to Rimbun Air
Gravitas purchase of MSN 702 from Unity Aviation Group
2021
Gravitas brokered sale of DHC-2 MKIII MSN 1300
Gravitas brokered sale of MSN 762 to AMS LLC.
Gravitas sale of MSN 132 to Regent Aircraft Services
2020
Gravitas purchase of MSN 132 from Sky Dive Dubai
Gravitas sale of MSN 836 to Rocky Mountain Aircraft
Gravitas sale of MSN 552 to Rocky Mountain Aircraft
2019
Gravitas purchase of Wipline 13000 Amphib Floats from RUAG AG
Gravitas secures 1st DHC-6-400 MSN 895 from Canadian entity
Gravitas purchase of MSN 836 from Saudi Arabia
Gravitas purchase of MSN 552 from Exxon Mobil Nigeria
Gravitas purchase of MSN 282 from Peruvian operator
Gravitas secures US$9,000,000 additional credit facility
Gravitas marketing MSN 078 for Third Party
Gravitas delivery of MSN 368 for US Government contract
Gravitas sale of MSN 527 airframe to Canadian MRO
Gravitas purchase of MSN 368 from AGM
Gravitas sale of MSN 239 to Aurora Flight Services
Gravitas purchase of MSN 527 from USAIG
Gravitas lease of MSN 082 to Titan Air
2018
Gravitas sale of MSN 046 to Zimex
Gravitas purchase of MSN 046 from SAP of the Dominican Republic
Gravitas Purchase of MSN 082 from Albertan aviation company
2017
Gravitas sale of MSN 539 to Canadian Lessor
Gravitas sale of MSN 623 to Canadian Lessor
Gravitas overhaul and sale of MSN 726 to Mustique operator
Gravitas overhaul and sale of MSN 164 to French skydive operator
Gravitas purchase of MSN 779 from Canadian mining company Sherrit International
Gravitas purchase of MSN 721 from Canadian mining company Goldcorp.
Gravitas delivery of MSN 779 to Harbour Air Ltd.
Gravitas delivery of MSN 721 to private Canadian operator
2016
Gravitas’ sale of DHC-6 MSN 368 to Sub of Canadian mining company
Gravitas’ purchase of DHC-6 MSN 726 from Star Mountain Aviation
Gravitas’ management of lease return and overhaul of DHC-6 MSN 164
Gravitas’ purchase of DHC-6 MSN 831 from SkyQuest International
Gravitas’ sale of DHC-6 MSN 831 to Unity Group Ltd.
Gravitas’ purchase of DHC-6 MSN 015 from Dilkara Leasing LLC
Gravitas’ purchase of DHC-6 MSN 623 & MSN 539 from Air Seychelles
2015
Gravitas’ sale of DHC-6 MSN 244 to RUAG Aviation in Bern, Switzerland.
Gravitas’ sale of DHC-6 MSN 768 To TMA in Male, Maldives
Gravitas’ purchase of DHC-6 MSN 368 & MSN 687 from PGR of Mexico
Gravitas’ sale of DHC-6 MSN 687 to Canadian leasing Company
2014
Gravitas’ acquisition of DHC-6 MSN 276 for Maldivian operator
Gravitas’ purchase of DHC-6 MSN 226 from Air Tindi Ltd.
Gravitas lease of DHC-6 MSN 226 to Aerostar Bravo Ltd.
Gravitas’ purchase of DHC-6 MSN 244 from South America
2013
Gravitas’ sale of DHC-6 MSN 045 to Ikhana Group Inc.
Gravitas’ sale of DHC-6 MSN 286 to Berry Aviation Inc.
Gravitas’ sale of DHC-6 MSN 429 to Corvaire LLC (Rampart Aviation LLC)
Gravitas’ purchase of DHC-6 MSN 768 from Anglo Celtic
Gravitas’ acquisition of DHC-6 MSN 358 for Maldivian Operator
Gravitas’ purchase of DHC-6 MSN 164 from GK Investco
2012
Gravitas’ purchase of DHC-6 MSN 286 from NEOS
Gravitas’ 3 yr lease of DHC-6 MSN 239 to SVG Air of St. Vincents
Gravitas’ short term lease of DHC-6 MSN 239 to Aerodynamics Inc.
Gravitas’ short term lease of DHC-6 MSN 045 to Aerodynamics Inc.
Gravitas’ purchase of DHC-6 MSN 239 from Carson Helicopters Inc.
Gravitas’ purchase of DHC-6 MSN 045 from Carson Helicopters Inc.
2011
Gravitas’ sale of MSN 560 to Avmain SA (Ecuadorian Air Force)
Gravitas’ purchase of 1964 DHC-2T Beaver for lease to local operators
Gravitas’ purchase of MSN 560 from Unity Group for total rebuild and re-sale
Gravitas’ sale of MSN 493 to Rocky Mountain Aviation
Gravitas’ lease of MSN 429 to Rampart Aviation LLC
2010
Gravitas’ sale of MSN 355 to Alkan Air Ltd. of Whitehorse Yukon Territories
Gravitas’ purchase of MSN 355 from Transport Canada
Gravitas’ purchase of MSN 493 from the US Dept. of Energy for upgrade and lease to Gravitas Lessees
Gravitas’ purchase of MSN 429 from the US Dept. of Energy for upgrade and lease to Gravitas Lessees
Gravitas’ overhaul and sale of MSN 553 to private owner for use in the Grenadines
Gravitas’ purchase of MSN 553 from Alcoa subsidiary in Conakry Guinea, Africa
Gravitas’ overhaul and sale of MSN 838 to private owner for use in Fiji
Gravitas’ purchase of MSN 838 from Airserve International operation in Uganda
2009
Lease for 60 mths of MSN 768 to Trans Maldivian Airways for float ops in the Maldives
Lease of MSN 768 to Harbour Air Malta from Anglo Celtic Leasing for beta ops in Malta
Gravitas’ sale of MSN 779 to Air Partners Inc.
Gravitas’ purchase of MSN 779 from Hewlett Packard
2008
Sale of MSN 691 to H3 for AirSea Lines
2007
Sale leaseback of MSN 768 to Anglo Celtic Leasing Ltd. for AirSea Lines
Sale leaseback of MSN 375 to Braken Aircraft Ltd UK by AirSea Lines
Sale leaseback of MSN 283 to Braken Aircraft Ltd UK by AirSea Lines
Purchase of MSN 283 by AirSea Lines from Topscore Management
Purchase of MSN 375 by AirSea Lines fromAnglo Celtic Leasing
Purchase of MSN 768 for AirSea Lines from BBS Aircraft
Purchase of MSN 691 for AirSea Lines from BBS Aircraft
2006
Purchase of MSN 375 by Anglo Celtic Leasing from Harbour Air
2005
Purchase of 7 sets of Wipline 13000 floats from Wipaire on behalf of AirSea Lines
Lease of MSN 283 for AirSea Lines from Topscore Management
Lease of MSN 375 for AirSea Lines from Harbour Air Limited
DEBT TRANSACTIONS
2014
US$2,350,000 loan facility for Gravitas’ purchase of MSN 226
US$2,100,000 loan facility for Gravitas’ purchase of MSN 244
2013
US$2,100,000 syndicated loan facility for Gravitas’ purchase of MSN 286
US$2,100,000 loan facility for Gravitas’ purchase of MSN 768
2012
US$2,950,000 vendor financing structure for Gravitas’ purchase of MSN 045 & 239
2011
US$700,000 loan facility for MSN 560 first stage works
2010
CDN$2,327,000 loan facility for Gravitas Aviation purchase of MSN 355
US$2,300,000 loan facility for Gravitas Aviation purchase of MSN 838
US$2,200,000 loan facility for Gravitas Aviation purchase of MSN 553
US$2,200,000 loan facility for Gravitas Aviation purchase of MSN 429
US$1,600,000 loan facility for Gravitas Aviation purchase of MSN 493
2009
US$2,200,000 loan facility for Gravitas Aviation purchase of MSN 779
2008
US$12,500,000 convertible debt facility from Fortelus Ltd. for the refinancing of 4 Twin Otter aircraft for AirSea Lines
CDN$3,800,000 equity to loan conversion facility from Anglo Celtic Leasing Limited for AirSea Lines
US$2,200,000 loan facility from Rich Investments for AirSea Lines’ exercise of its purchase option on MSN 283
2007
US$23,000,000 term sheet provided by Export Development Canada for the import, renovation and re-export of 14 DHC-6 Twin Otter aircraft for AirSea Lines
EQUITY PLACEMENTS
Gravitas Aviation or its principals have completed equity funding transactions involving the following parties and amounts:
Euro 25,000,000 equity placement for AirSea Lines operations in Greece
CLIENTS
Below is a partial list of entities that Gravitas Aviation or its principals have worked with, advised or represented on various aviation/DHC-6 aircraft projects:
415453 BC Ltd. ( Canada)
0839773 BC Ltd. (Canada)
AirSea Lines International (Canada) Ltd. (Canada, Greece)
Alkan Air Ltd. (Yukon)
Altenrhein Aviation (Switzerland)
Anglo Celtic Leasing Ltd. (Canada)
Avmain SA (Ecuadorian Air Force) (Ecuador)
Berry Aviation Inc. (USA)
Casas Capital (Canada)
Canadian Government – Transport Canada (Canada)
Erwin Aero International Ltd. (Canada)
FUSETRA – European Union sponsored seaplane industry panel and research program
Harbour Air Ltd (Canada)
Harbour Air Malta (Malta)
Ikhana (USA)
Inis Management (Canary Islands)
K-Air Charters (India)
Kenn Borek Air (Canada)
Kenmore Air (USA)
Pacific Rim Aviation (Canada)
Pegasus Aviation (Greece)
Rampart Aviation LLC (USA)
Rocky Mountain Aviation (Canada)
Suzhou Xinghai International Investment Co, Ltd (China)
SVG Air (St. Vincents & Grenadines)
Texas Air Services (USA)
Trans Maldivian Airways (Maldives)
United States Government – Department of Energy (USA)
Unity Group Inc.(Canada)
Viking Air Ltd. (Canada)