Sarasota's Jones Aviation Sold to Equity Group
The sale could intensify the competition for the Sarasota-Bradenton airport's growing base of private planes.
Thom Harrow, who manages operations for Gorab's FBO Company, could not be reached for comment on Thursday.
A DEAL FOR JONES AVIATION
WHO IS BUYING JONES? Volo Aviation, which is backed by a private equity fund manager, Eugene Gorab, who founded the real-estate focused Greenfield Partners.
WHO OWNS JONES? Founder Clyde Jones.
HOW LONG HAS JONES BEEN
AT SARASOTA-BRADENTON INTERNATIONAL? Since 1971.
WHAT WILL BE THE IMPACT OF THE SALE? The deal could bring new investment to the north side of the airport and intensify competition for private planes. Volo also could take Jones in new directions, such as selling charter jets to businesspeople.
Copyright 2005 LexisNexis, a division of Reed Elsevier Inc. All rights reserved.
Terms and Conditions | Privacy Policy
News stories provided by third parties are not edited by "Site Publication" staff. For suggestions and comments, please click the Contact link at the bottom of this page.
- « Previous Page
- 1
- 2
- Next Page »
We Recommend
-
News
Sarasota's Jones Aviation Sold to Equity Group
The sale could intensify the competition for the Sarasota-Bradenton airport's growing base of private planes.
-
News
Private Jet Business Driving General Aviation Growth
Private jets are driving growth in general aviation.
-
News
Survey Puts Rectrix Aviation at the Top
Rectrix Aviation's plush, private air-travel facility at Sarasota-Bradenton International Airport has been ranked among the top fixed-base operations nationwide, according to a new survey.
-
News
Jet Charter Firm Setting Up Shop Here
SARASOTA A private jet charter company is expanding to Sarasota, the latest in a series of signs that luxury services are regaining traction in Southwest Florida. Aero Jet Services, a...
