Signature Flight Support intends to press ahead with its aggressive acquisition strategy as it continues to expand its network footprint.
The business aviation services provider has already added seven new fixed base operations (FBOs) to this year, including the August purchase of Scottsdale AirCenter for $55.8 million.
Several more deals are in the pipeline, promises Maria Sastre, Signature president and chief operating officer, and could be signed off by year-end.
That growth comes despite the overall business aviation segment still recovering from what Sastre describes as a “disastrous recessionary period”.
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