Sky Valet acquires Gestair FBOs


Sky Valet has acquired Gestair FBOs at Cannes Mandelieu, Saint-Tropez and Paris-Le Bourget.

Gestair FBO has a network in Spain and offers a full range of services at Madrid, Barcelona, Palma de Mallorca, Ibiza, Girona, Valencia, La Coruña and Santiago de Compostela airports.

Dominique Thillaud, chairman of the management board of Aéroports de la Côte d’Azur Group and of Sky Valet, said: “The acquisition of “Gestair FBO” fully meets the development objectives of the Sky Valet network, given its leadership and prestige on the Spanish market, the quality of its infrastructure, the high level of professionalism and the proactive attitude of its staff for the continuous improvement of high quality services. We are also delighted to welcome the staff of “Gestair FBO” whose professionalism has been proven”.

Michel Tohane, director of the General Aviation Business Unit of Aéroports de la Côte d’Azur Group Unit, states : “We are delighted with the acquisition of this unique network in Spain, which complements our range of high-quality support services to business aviation. Our customers can rely on our professionalism at major airports, the strongholds of business aviation in Europe.”

Jose Ramon Barriocanal, CEO of Gestair SA, adds: “This sale of “Gestair FBO” to Sky Valet will ensure very high quality services and offer access to a pan-European network, guaranteeing growth and continuous improvement on services to our Fleet”.

The Aéroports de la Côte d’Azur Group was supported for this acquisition by Wagram Corporate Finance as its financial adviser and the Lacourte Raquin Tatar and JA Cremades y Asociados firms as legal advisers.

Sky Valet Europe is the exclusive FBO brand of Cannes Mandelieu and Golfe de Saint-Tropez airports was launched at EBACE 2014, is now present at Paris-Le Bourget and throughout Spain.