Signature Flight Support buys Tropical Aviation

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Company purchases facility at San Juan airport

Signature Flight SupportSignature Flight Support has
announced the purchase of all of the assets of Tropical Aviation Corporation of
San Juan, Puerto Rico. 
The Tropical Aviation facility is located at Isla Grande, Fernando
L. Rivas
Dominicci Airport
in downtown San Juan, Puerto Rico and expands
Signature’s footprint into the Caribbean.

The
new Signature Flight Support location is situated on the south side of the
airport. The fixed base operation is comprised of a new, state of the art complex
including hangars and shade ports, an executive terminal and offices.

“Signature
Puerto Rico represents a significant step in
our continuing effort to expand our global network and to provide world-class
flight support services in as many locations as possible for our customers,”
stated S Michael Scheeringa, President, Signature Flight Support. “As an
important gateway between Latin America and the US
mainland, Puerto Rico is perfectly positioned for technical stops and provides
the opportunity to clear US Customs and Border Protection before continuing on
to any point in the continental United
States.”

“Our
experience during the transaction was excellent.  The owners, Fidel Alonso
Valls and Francisco Rivera, have developed an exceptional facility and we are
grateful for their partnership throughout the acquisition process.  The
staff at the facilitywere gracious and accommodating and we welcome them to the
Signature family,” stated Scheeringa.

Port
Authority director, Alberto R. Escuerdo-Morales stated: “We are pleased to see
the arrival of Signature Flight Support at Isla
Grande Airport
in San Juan.
Our strategy to revitalize Isla Grande as
the preferred business and general aviation airport in San Juan is further solidified with
Signature’s presence. In our continuing efforts to stabilize our economy
through investments from the private sector, we are elated that this company
has chosen Puerto Rico as a premier location
for their growth strategy.  We look forward to work with Signature Flight
Support in the years to come.”

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