Jet Aviation Signs LOI for Utah Facility

 - May 21, 2008, 11:54 AM

Jet Aviation (Booth No. 1147) yesterday signed a letter of intent with Ogden, Utah-based Kemp Development to open a new Midcoast Aviation maintenance facility and Jet Aviation FBO at Ogden-Hinckley Airport. Midcoast is a subsidiary of Zurich-based Jet Aviation Group of Companies. The Swiss company plans to assume the existing FBO operations of Kemp Jet Services, following the close of the deal. According to Jet Aviation, the move will continue its growth strategy of adding a Western U.S. facility to its portfolio. The Ogden property, located 30 miles from Salt Lake City, will augment its Midcoast facility in Cahokia, Illinois, and the recently acquired Savannah Air Center in Savannah, Georgia.