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
Spirit Airlines receives court approval to keep flying as normal
By
Calum Wilson
20th November 2024