Growing service provider chain Lynx FBO continues its expansion with the purchase of its eighth U.S. facility, FTC FBO, one of two full-service facilities at New Jersey’s Morristown Airport (MMU). In operation since the mid-2000s, the CAA-preferred FBO features more than 45,000 sq ft of heated hangar space, nearly five acres of ramp, and a 2,000 sq ft terminal with passenger lobby, pilot lounge, snooze room, eight-seat conference room, and flight-planning area.
For the Sterling Group-backed Lynx, which now has a coast-to-coast FBO network, this location, just 27 miles west of New York City, represents an opportunity to fill a gap in its coverage.
“We are excited to enter the New York metropolitan area and believe this expansion into the largest general aviation market in the United States is a perfect complement to our growing network of FBOs,” said company CFO Matt DeLellis. “We look forward to working with DM Airports Ltd., the town of Morristown, and the local team to develop a safe, customer-centric FBO that operators in the region have come to expect.”
The company expects to begin planning for design and development of a new terminal and hangar complex at MMU as soon as the deal closes.