UsedAirplances, Inc. buys flying.com for $1.1 million!

Flying.com, which has been online since 1994, to cater to the aviation industry, has been bought by the UsedAirplances, Inc. for whopping 1.1 million USD from an unknown seller. The company says that they are going to make flying.com “the first community and social media based portal for flying".

Beta version of the site is expected go live on June 01, 2010.

Says Mark J Horne, President & CEO of UsedAirplanes:
“Owning a domain name of this caliper (SIC) will allow us to expand our talents deeper in the aviation business and build upon the success of UsedAirplanes.com. The word “flying” is known and understood by virtually every person and the word is used in every area within the aviation industry. In addition, Google, Yahoo and Bing process approximately 20 million search queries for the word “flying” every month.”

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