Delta AirElite, a wholly owned subsidiary of Delta Air Lines, said on Jan. 22 that it has bought Kinston-based Segrave Aviation.

Delta AirElite, which provides private jet service, said in a statement that the all-cash transaction will double the size of its fleet. Financial terms of the deal, which still must pass muster with regulators, were not disclosed.

Segrave Aviation, which got started in 1994, directs a fleet of managed aircraft specializing in wholesale charter aviation services, private aircraft management, aircraft maintenance and fixed base operations.

Cincinnati-based Delta AirElite was founded in 1984. Delta Air Lines enplaned 489,267 passengers at RDU last year, making it the airport's No. 3 major carrier.