BBA Aviation’s flight support division, consisting of international FBO chain Signature Flight Support and commercial aircraft handler ASIG, saw revenues last year climb by 4 percent over 2012, to $1.375 billion, or 62 percent of the parent company’s overall revenue, according to 2013 financial results released yesterday. At more than $968 million, Signature’s revenues accounted for 70 percent of that amount, a 2-percent increase over its 2012 performance.
Airports, Heliports and FBOs
New developments at airports and heliports, including regulations and noise issues; legal disputes; openings, acquisitions and mergers of FBOs; AIN’s Annual FBO Survey Reports; and news, issues and concerns regarding fuel cards, fuel prices and alternative fuels.
Signature Flight Support acquired the FBO assets of the Jets facility at London Biggin Hill Airport last week. Jets will continue to operate its core business of aircraft maintenance, repair and overhaul, while Signature will own and operate the FBO assets.
In a follow up to the December announcement that it will purchase the Galaxy Aviation chain of FBOs, Macquarie Infrastructure subsidiary Atlantic Aviation will also acquire the related Boca Aviation facility, which was not included in the original transaction because of the location’s separate ownership considerations.
On Friday, Signature Flight Support broke ground on its 240,000-sq-ft, $82 million FBO complex at Norman Y. Mineta San José International Airport in California. When completed late next year, the new Signature San José facility will serve the general aviation needs of individuals and companies in Silicon Valley. Blue City Holdings, the private aviation arm of Google’s founders, is one of the anchor tenants.
Between California’s major cities of Los Angeles and San Francisco sits Monterey, which has had an airport since 1936, nearly a decade before the city was memorialized in John Steinbeck’s novel Cannery Row. Today tourism has replaced sardines as the city’s number-one industry, according to Michael Heilpern, operations manager at the Monterey Jet Center (MJC).
Jet Aviation Dubai will move its business operations to Dubai World Central throughout the planned runway rehabilitation project this summer at Dubai International Airport. As such, it will support full FBO, line maintenance and AOG services at its Dubai World Central facility from May 1 through July 21. Following completion of the runway construction project, Jet Aviation will resume full maintenance and FBO operations at Dubai International Airport.
Seeing the need for current and accurate weather at the Pebbly Beach on Santa Catalina Island, the Los Angeles County Sheriff’s Department contracted with Belfort Instrument (Booth No. 5914) to install an AWOS AV at the helistop there.
Aviation interests are pleased with a decision issued late Thursday by the U.S. District Court for the Central District of California that halts an effort by the city of Santa Monica to close its airport (SMO).
After acquiring Galvin Flying Services, Landmark Aviation began operations last week at Seattle Boeing Field. “The acquisition of Galvin expands our footprint into the Northwest,” said company president and CEO Dan Bucaro. Landmark is operating out of the former Galvin Flying Services facility and is providing both FBO and charter services at the location. The facility has a lounge, flight-planning center, executive conference room and customs and immigration clearance, as well as heated hangars.
As the aviation world awaits U.S. District Court Judge John Walker’s ruling in a case involving the city of Santa Monica’s attempts to close Santa Monica Airport, AOPA and NBAA filed an amicus curiae (friends of the court) brief to support the FAA’s motion to dismiss the city’s complaint.