Christiansen Aviation Inc
How we got $126.8M
Based on its 41 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 29 years (since 1997)
From public records and the company's website, not a statement that it's for sale.
What they do
Christiansen Jet Center is an FBO at Riverside Airport in Tulsa, Oklahoma, offering fuel, a pilot lounge, a conference room, and hangar space for lease to aviators.
From the company's website. Industry: Commercial Air, Rail, and Water Transportation Equipment Rental and Leasing.
Estimated value over time
▲ 12% since 2020Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
Employees over time
▼ 12% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 41 | $105.2M |
| 2022 | Form 5500 | 31 | $79.5M |
| 2023 | Form 5500 | 34 | $87.2M |
| 2024 | Form 5500 | 35 | $89.8M |
| 2025 | Form 5500 | 36 | $92.4M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| CHRISTIANSEN AVIATION INC this business | $61.5M | — |
| TRINITY CHEMICAL INDUSTRIES, LLC Tulsa · 14 employees | $31.8M | 3.6 mi |
| SUTTEE ENERGY SERVICES, LLC Jenks · 2 employees | $1.4M | 4.3 mi |
| JD32418 ENTERPRISE, INC Tulsa · 5 employees | $2.2M | 4.7 mi |
| TPE MIDSTREAM LLC Tulsa · 25 employees | $10.9M | 5.7 mi |
| SITE DISTRIBUTION, LLC Tulsa · 8 employees | $2.7M | 6.3 mi |
| SOMETHING BORROWED CONSIGNMENT LLC Tulsa · 4 employees | $2.2M | 6.3 mi |
The full calculation
| Employees reported to the SBA | 41 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $90.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $32.0M |
| Estimate: the two combined (geometric mean) | $61.5M |
| EBITDA margin (industry, adjusted for size) | 28% |
| EBITDA = revenue × margin | $16.9M |
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
| Estimated value = EBITDA × typical sale multiple | $126.8M |
| Multiple for this size and industry | 7.5× |
| Value range | $66.7M – $173.5M |
| Revenue range | $40.5M – $70.1M |
| EBITDA range | $11.1M – $19.3M |
| Industry (NAICS) | Commercial Air, Rail, and Water Transportation Equipment Rental and Leasing (532411) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
People & advisors
Advisors
- BankingProsperity Bank, Vast Bank, National AssociationPPP / SBA lender
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Banking relationships
| Prosperity Bank PPP 2020 | All 748 borrowers → |
| Vast Bank, National Association PPP 2021 | All 359 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $345K | 35 |
| 1/27/2021 | second | $345K | 41 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Christiansen Aviation Inc
Christiansen Aviation Inc is a commercial air, rail, and water transportation equipment rental and leasing company in Tulsa, Oklahoma, in business since 1997. Its estimated annual revenue is about $61.5M, with roughly $16.9M of EBITDA. It has about 36 employees. Its estimated business value is $126.8M (likely range $66.7M–$173.5M).
Common questions
- Who owns Christiansen Aviation Inc?
- The owner of Christiansen Aviation Inc isn't in public records we've found yet. If you own or run the business, you can add or correct its details on SeeBITDA.
- How much revenue does Christiansen Aviation Inc make?
- SeeBITDA estimates Christiansen Aviation Inc's annual revenue at about $61.5M (likely between $40.5M and $70.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Christiansen Aviation Inc worth?
- About $126.8M, roughly 7.5× its estimated EBITDA of $16.9M, typical for a commercial air, rail, and water transportation equipment rental and leasing company its size. Likely range: $66.7M–$173.5M.
- How many employees does Christiansen Aviation Inc have?
- About 36, from its 2025 retirement-plan filing.
- When was Christiansen Aviation Inc founded?
- Christiansen Aviation Inc has been in business since 1997.