Acquisitions Boost Atlantic Aviation Profits

Aviation International News » December 2008
December 1, 2008, 5:27 AM

Macquarie Infrastructure, which owns the 64-base Atlantic Aviation FBO chain, reported that its airport services business achieved “year-over-year growth in gross profit…driven by acquisitions concluded in 2007 and 2008.” Although industry reports showed that general aviation movements have dropped by 9 percent or more through the first nine months of this year, airports where Atlantic operates have seen movements decline by less than 6 percent, according to Macquarie. The volume of general aviation jet fuel sold declined less than 4 percent.

FILED UNDER: 
Share this...

Please Register

In order to leave comments you will now need to be a registered user. This change in policy is to protect our site from an increased number of spam comments. Additionally, in the near future you will be able to better manage your AIN subscriptions via this registration system. If you already have an account, click here to log in. Otherwise, click here to register.

 
X