Signature Flight Support completed its acquisition of Maguire Aviation Group at Van Nuys Airport. Through this acquisition, Signature expanded its FBO at Van Nuys to a combined footprint of 1.17 million sq ft of hangar, ramp, passenger lounges and office space. This also includes a dedicated NetJets facility at Van Nuys.
Van Nuys Airport
Bill Cutter, Madison Cutter and Will Cutter put a bow on Cutter Aviation’s year-long 85th birthday celebration yesterday at the service provider’s booth (No. 9616). The company is the oldest and largest family-owned FBO chain in the U.S., operating nine bases in five states. Its most recent opened over the summer at Van Nuys Airport, Los Angeles.
Van Nuys Airport owner Los Angeles World Airports (LAWA) has issued a request for qualifications for two FBO properties at the airport. One property, situated on Daily Drive, has been vacant for several years. According to a LAWA spokeswoman, a pending deal on the location fell through, resulting in a new proposal process. The other location is the former Pentastar FBO, currently managed by Cutter Aviation, which has pledged a multimillion-dollar renovation of the facility if it is awarded a new lease. The submission window for the two properties closes at the end of this month.
California’s Van Nuys Airport celebrated the completion of a seven-month, $20.5 million renovation on its main runway late last week. Aerobatic pilot Sean Tucker sliced the ceremonial ribbon with the speeding wing of his Challenger biplane, officially opening the revamped runway to traffic.
The FBO community at California’s Van Nuys Airport, one of the most heavily used business aviation fields in the U.S., is seeing some upheaval with the announcement this morning that Signature Flight Support parent company BBA Aviation will acquire Maguire Aviation’s two FBOs at Van Nuys for $69 million. Subject to antitrust approvals, the deal is expected to be completed by year-end.
Runway 16R/34L, the primary runway at Van Nuys Airport in southern California, is closed until July 26 at 11:59 p.m. The closure is part of a $20.5 million improvement program, which includes asphalt milling and paving of more than 4,000 feet of the center section of the runway. Runway 16L/34R (4,000 feet long) remains open as normal (closing at night from 10:45 p.m. to 6 a.m.). Pilots are urged to check notams before flying to Van Nuys. The runway improvement project will be completed in August.
Construction on the first section (north end) of the main runway at Van Nuys Airport is expected to be completed this month. The $20 million renovation project, which began in February, aims to rehabilitate and modernize the 8,000-foot Runway 16R/34L to meet current FAA design standards.
The Aircraft Mechanics Program at Southern California’s Van Nuys Airport, a vital part of the local aviation community for more than 30 years, was almost forced to close its doors this year when its rent rose to $12,000 per month. Established by the Los Angeles Unified School District, and run by the district’s North Valley Occupational Center, the school trains nearly 200 students a year in airframe and powerplant maintenance.
An FAA supplemental type certificate (STC) issued to Trolltune promises to help operators of Gulfstream IIBs and GIIIs fly within strict noise limits at Van Nuys Airport (VNY) in Southern California. The STC isn’t a Stage 3 hush kit, explained Trolltune president Tom Storli, but limits maximum takeoff weight to 64,000 pounds, thus cutting takeoff noise by three decibels–to 79.8 from 82.8–enough to meet the new Van Nuys limit of 80 dBA. This limit is a City of Los Angeles ordinance that takes effect on January 1 next year.
The Los Angeles Unified School District (LAUSD) North Valley Occupational Center/Aviation Center will continue to operate its training program at a leased Van Nuys facility, now that the FAA has confirmed that its $1-per-year lease is permitted by agency guidelines. The current lease expires on June 30.
The announcement follows months of behind-the-scenes negotiations led by LAUSD board member Nury Martinez, Rep. Tony Cardenas (D-Van Nuys) and others to retain the LAUSD Aviation Center at Van Nuys Airport, where the lease cost had outstripped the school’s budget.
- Page 1