March 20, 2014
Atlantic Continues Major FBO Expansion/Renovation Projects
- LAX—$7.2 million investment that includes a 36,000-square-foot hangar with 5,000 square feet of office space scheduled to begin in Q2 2014.
- TEB—$4.1 million investment that includes additional seating areas in passenger and pilots lounges, completely reconfigured front desk area that will expedite traffic flow throughout the facility, and a spectacular panoramic views of New York skyline.
- SWF—$900,000 investment in Newberg, N.Y., that completely rebuilds the existing FBO from floor to ceiling with beautiful aesthetics, improved traffic flow, view of ramp, and enhanced passenger and pilot amenities.
"When it comes to improving our facilities, Atlantic is all in," stated Louis Pepper, CEO of Atlantic. "In addition to improving the surroundings, new construction is also efficient and helps our customers fulfill their mission. That's why we're here in the first place."
February 25, 2014
Atlantic Announces Signing of Agreement to Acquire Fixed Base Operations From Galaxy Aviation
The 75,000-square-foot hangar is forecast to be in service late in the first quarter of 2014 in West Palm Beach.
"The acquisition of Galaxy Aviation adds the strategic Florida market to Atlantic's footprint of FBOs," said Louis Pepper, the CEO of Atlantic. "The Hayden (Steamboat Springs) location, complements the existing Atlantics in Aspen and Rifle Colorado."
The transaction is expected to close in the first quarter of 2014, subject to the receipt of consents from the relevant airport authorities.
About Atlantic Aviation Atlantic Aviation, headquartered in Dallas, Texas, provides a wide range of aviation services, including a premier Fixed Based Operations chain and dedicated concierge service across the United States. More information about Atlantic Aviation can be found at www.atlanticaviation.com.