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- February 1, 2021, 12:56 PM
Ross Aviation is one of two full-service providers at Calfornia s Jacqueline Cochran Regional Airport. With its clientele heavily leisure and vacation activity-based, the company has noted a significant downturn in event-based traffic, due to the Covid pandemic, but it is confident in a rebound at the dedicated GA desert gateway. (Photo: Ross Aviation)
One of the impacts of the Covid pandemic has been the widespread cancellation of events that would normally attract large numbers of attendees. For an FBO in a leisure/vacation area that typically hosts many such spectator events, like Ross Aviation at the Palm Springs, California-area Jacqueline Cochrane Regional Airport (TRM), there was a definite economic hit.
- January 14, 2021, 12:27 PM
Signature Flight Support has relocated its FBO at Baton Rouge Metropolitan Airport to a newly-renovated facility next door that formerly housed a corporate flight department. (Photo: Signature Aviation)
Signature Flight Support has moved its FBO at Louisiana’s Baton Rouge Metropolitan Airport/Ryan Field next door to a newly-renovated terminal and hangar complex that previously housed a corporate flight department. As part of its purchase of Landmark Aviation in 2016, Signature inherited a 1960s-era facility at the airport, and it purchased the adjacent, larger location last year.
After two months of renovations, the new FBO consists of a 15,000-sq-ft hangar (50 percent larger than the previous hangar) that can accommodate aircraft up to a Gulfstream G650, as well as a 5,000-sq-ft adjoining terminal with a 12-seat conference room, pilot lounge with showers, and offices.
Blackstone, Bill Gates weigh US$4.3 billion Signature Aviation bid
Anthony Palazzo and Christopher Jasper, Bloomberg News
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Bill Gates joined the battle for Signature Aviation Plc, allying with Blackstone Group Inc.âs US$4.3 billion approach for the worldâs biggest operator of private jet bases.
Gatesâs Cascade Investment LLC, the No. 1 shareholder in Signature Aviation, and Blackstone are in advanced discussions with the London-based firm on a US$5.17-a-share cash offer, they said Friday in a statement. Signature had said in December it would accept an approach from Blackstone if a firm offer were made at that level.