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 the FBO holdings of TAC Air.
The acquisition includes 16 FBO locations and one private hangar facility across the United States, further expanding Signature's global network and strengthening its footprint.
This marks Signature Aviation's second acquisition since being acquired by a consortium of private equity firms 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.