Macqurie to buy Trajen FBO chain

 - September 18, 2006, 5:37 AM

Trajen FBOs are about to be folded into the Atlantic Aviation network. Macquarie Infrastructure, a New York subsidiary of Australia- based Macquarie Bank, late last month entered into an agreement to purchase Trajen Holding, including its network of FBOs, for nearly $339 million. Trajen operates 22 facilities and is in the process
of acquiring two more. When Macquarie completes the purchase, the former Trajen FBOs will be combined with the nearly 20 Atlantic Aviation facilities to create a chain of close to 45 locations. Macquarie purchased Atlantic Aviation in 2004.