BBA Aviation's Signature Flight Support business has acquired the assets of US firm Azalea Aviation for an initial consideration of $22m. The deal also includes further payments of up to $5.3m over a five-year period. In addition, Signature has also acquired 95% of Arrindell Aviation Services in St Maarten, Caribbean for a cash consideration of $7.8m. They bring the total number of acquisitions of North American fixed base operations to 65 and globally to 111.
Related posts
Alaska Airlines inaugurates service on five new routes
By
Calum Wilson
1st October 2024