Signature Acquires Scottsdale FBO in Landmark Deal
Signature Flight Support acquired Scottsdale AirCenter, the former Ross Aviation location at Scottsdale (Ariz.) Airport, from Landmark Aviation on Tuesday. Landmark has operated an FBO at the airport for several years, and when the Houston-based company recently purchased Ross it was forced by the Department of Justice to divest the Ross location there as a condition of regulatory approval of the deal.
The DOJ initially moved to block the transaction under antitrust regulations, fearing higher prices and lower quality of service in the absence of competition should the two FBOs be combined under one operator, but offered the divestiture as a solution. Signature, one of the potential buyers approved by the regulators, obtained the 11-year-old facility at the dedicated general aviation airport, which includes a 12,000-sq-ft terminal with concierge service, passenger and pilot lounges, a gift shop, onsite car rental and linen and dishwashing service.
The FBO also includes 145,000 sq ft of hangar space, which can accommodate aircraft up to a Global Express, with rampside vehicle access and aircraft detailing service. U.S. customs and immigration service is also available. Last year, the airport pumped approximately five million gallons of fuel, split equally between the two FBOs.