TWG Aviation Completes Vitesse Asset Purchase

Oct. 5, 2010
TWG will now begin the process of absorbing the Vitesse aircraft maintenance, aircraft charter and management, and FBO fueling business into its current operations.

October 5, 2010 Love Field, Dallas, TX … TWG Aviation LTD (TWG), a leading provider of corporate aviation services under the trade names of Business Jet Access (BJA) and Business Jet Center (BJC), has finalized the purchase of various assets of Vitesse Aviation at Dallas Love Field (DAL).

TWG acquired the lease-hold improvements comprised of 7.5 acres with two existing hangars. Vitesse had operated a Fixed Base Operation (FBO) as well as an aircraft maintenance and charter business at the present location for the past four years.

TWG will now begin the process of absorbing the Vitesse aircraft maintenance, aircraft charter and management, and FBO fueling business into its current operations. Vitesse is retaining its FAR Part 145 certificate and is moving the landing gear, component and machining business to a facility near Love Field where it will continue to provide private and commercial carrier repairs.

According to Mike Wright, a Partner in TWG, the current aircraft maintenance, charter and aircraft management businesses will move to the acquired site. As a result, additional hangar space will become available at the current Business Jet Center location on Lemmon Avenue.

“The acquisition of Vitesse Aviation assets fits perfectly with our master plan to expand and grow our core business units,” Wright explained. “We have utilized most of the available land at our main Lemmon Avenue FBO facility so this acquisition will allow us some flexibility for future growth opportunities.”

About Business Jet Access and Business Jet Center

Business Jet Access (BJA) is a leading provider of aircraft charter, management, maintenance and pilot services. BJA currently manages 12 aircraft and operates 11 of these on its Part 135 Air Carrier Certificate. These aircraft range in size and type from King Air and Citations to Challenger, Falcon, Gulfstream and a 30-passenger BAC 1-11 which is configured to accommodate sports teams, clients in the entertainment industry and financial markets. BJA, based at Love Field, Dallas, TX, 8611 Lemmon Ave., is an ARG/US Platinum rated charter operator; IS-BAO certified; and an FAA Part 145 Repair Station. For more information call 1-888-387-7477, www.BusinessJetAccess.com