Scaled Holdings has announced the launch of ShahAir, its newest subsidiary and the group's first venture into the aviation sector. ShahAir will provide aviation services including charter, cargo logistics, and airline operations support across key routes in the Asia-Pacific region.

The launch marks Scaled Holdings's entry into one of the world's fastest-growing aviation markets, where passenger volumes are expected to double by 2040 according to IATA projections.

"Aviation is a sector we have studied carefully for several years," said Moris Adam Shahmiri, Founder and Chairman. "The opportunity in Asia-Pacific is exceptional — and with the right operational leadership and technology infrastructure, ShahAir can build a differentiated position in a market that is ready for new entrants who combine efficiency with service quality."

ShahAir will be headquartered in Singapore, with operational hubs across South and South-East Asia. The company will initially focus on charter services while developing its full commercial operations capability.