Signature Aviation operates more than 200 FBOs globally. [Credit: Signature Aviation]
Key Takeaways:
Signature Aviation, the world's largest fixed-based operator (FBO) network, has agreed to acquire 16 FBO locations and one private hangar facility from TAC Air.
This acquisition will strengthen Signature's existing footprint and expand its global network to new airports across the United States.
The deal is expected to close in the second half of 2022 and marks Signature's second acquisition since its own purchase by a private equity consortium in May 2021.
The world’s largest fixed-based operator (FBO) network just got bigger. Signature Aviation, which owns Signature Flight Support, announced Thursday that it has agreed to acquire the FBO holdings of TAC Air, consisting of 16 FBO locations and one private hangar facility throughout the United States.
Terms of the deal were not immediately available.
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Michael Wildes holds a master’s degree in Logistics & Supply Chain Management, and a bachelor’s degree in Aeronautical Science, both from Embry-Riddle Aeronautical University. Previously, he worked at the university’s flight department as a Flight Check Airman, Assistant Training Manager, and Quality Assurance Mentor. He holds MEI, CFI & CFII ratings. Follow Michael on Twitter @Captainwildes.
![Signature Aviation operates more than 200 FBOs globally. [Credit: Signature Aviation]](https://www.flyingmag.com/wp-content/uploads/2021/08/httpswww.flyingmag.comsitesflyingmag.comfilesimages201903signaturefligthsupport25websize.jpg)
