Skyservice to purchase interests in two Fontainebleau FBOs
Skyservice has agreed to invest in Fontainebleau Aviation’s Miami and Fort Lauderdale FBO’s.
The two firms announced the agreement in the week of NBAA-BACE 2023, which will see Skyservice purchase interests in Fontainebleau’s FBO at Miami Opa-Locka Executive Airport and a new FBO at Fort Lauderdale-Hollywood International Airport currently under development. The investment remains subject to customary approvals, whilst financial terms of the transaction were not disclosed.
Skyservice president and CEO Benjamin Murray, said: “Fontainebleau is an iconic brand that aligns perfectly with our values of service excellence, safety and exceptional amenities. We are differentiated by our world-class service offering across all business lines and our proven ability to deliver bespoke solutions to a highly discerning customer base as demand for private aviation travel in North America continues to grow.”
With the two new additions, Skyservice now covers 12 airports across north America, including Bend Municipal Airport and Redmond Municipal Airport in Oregon, Helena Regional Airport in Montana, King County-Boeing Field International Airport in Seattle and Napa County Airport (APC) in California.
Fontainebleau development chairman and CEO Jeffrey Soffer, added: “We are excited to establish a partnership with Skyservice, starting with our marquee locations at two of the busiest airports for private aviation in the US.
“Skyservice has a distinguished pedigree and reputation for excellence in the aviation industry and is the ideal steward and partner for the next phase of growth at OPF, FLL, and other locations in the United States as we focus on growing our portfolio of premier destinations and unique luxury experiences.”
The Fontainebleau Aviation FBO is the eighth-busiest US airport. It has approximately 350,000sqft of hangar space, an executive terminal and office facilities. Fontainebleau Aviation’s Fort Lauderdale location is the 17th-busiest US airport and will offer 80,000sqft of private hangars and approximately 35,000sqft of private terminal and executive office space when complete.