Jet Center to replace signature at LGA

 - April 2, 2007, 6:43 AM

Jet Center La Guardia will take over the FBO leasehold at New York La Guardia Airport (LGA) on August 1. Signature, the incumbent at LGA, chose not to re-bid for the contract following a controversial exchange last year with the airport’s operator, the Port Authority of New York and New Jersey. Signature had been paying a 9-percent concession fee, upped its offer to 18 percent in its attempt to extend its lease and protested when the Florida-based Jet Center Aviation Group was allowed into the bidding process late with an offer of 18.25 percent. The Port Authority threw out all bids last November and submitted a new request for proposals. Under Jet Center La Guardia’s new contract, signed the week of June 14, it will pay the Port Authority a fee of 26.26 percent of all revenue other than airline service fees.