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The Sterling Group, a middle market private equity firm based in Houston, Texas, has announced that its platform company, Lynx FBO Network, has completed the acquisition of the FBO assets of Fly Arkansas at Clinton National Airport in Little Rock, Arkansas, the company said.
Modern Aviation said its goal is to build a large FBO company with a national network of sites offering premium services to the private aviation market.
The company hosted a grand opening at the FBO during recently concluded Dubai Airshow.
Airports with only one FBO are problematic, but FBOs should be free to charge whatever they want for whatever services they offer.
On Monday, the September 5, the FBO Media blacklisted one binary broker after reliable sources reported that they were refusing payments to an affiliate.
The acquisition of Destin Jet, an FBO located at the Destin Executive Airport in Destin, Florida, is the first location in the new network.
Martin Ringrose, Gama Aviation's managing director for the Middle East, said: "The Gama Aviation FBO at Sharjah provides an offering distinct to other FBOs in the region.
As Deputy FBO Director he will be supervising operations.
In a news release, TAC Air said the Little Rock FBO will offer "a wide range of aviation support services, including fueling, hangar space, and ground handing.
Under the contract Eastern Aviation Fuels will use PASSUR's solutions across its FBO network.
FBO Riga has already signed some contracts with the largest European business aviation aircraft operators to use the complex, reports a company press release.
Royal Jet's FBO facility receives hat-trick of awards from global industry groups
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