Landmark Aviation

December 14, 2007 - 11:39am

Encore FBO and private-equity firm GTCR Golder Rauner announced late yesterday that they entered a joint definitive agreement to acquire Landmark Aviation’s FBOs from DAE (Dubai Aerospace Enterprise) Aviation Holdings. The transaction is for $436 million, “subject to adjustment as provided in the purchase agreement,” according to a disclosure filed publicly by DAE yesterday.

December 6, 2007 - 8:58am

Newly named Landmark Aviation is still growing within the business aviation community, at least when it comes to name recognition. While the name may be new–it made its debut at November’s NBAA Convention–the company’s roots go deep.

November 30, 2007 - 7:31am

ServiceElements has signed a three-year agreement to provide a customer service culture enhancement program for employees at Landmark Aviation’s four maintenance, repair and overhaul (MRO) operations in the U.S.

November 1, 2007 - 6:55am

In a bid to expand its capabilities to service larger turbine engines, Standard Aero announced the purchase of TSS Aviation in Cincinnati for $65 million. Standard Aero and Landmark aviation were added to Dubai Aerospace Enterprise’s (DAE) rapidly growing portfolio of aviation businesses in August as part of a $1.9 billion buyout from the Carlyle Group.

October 9, 2007 - 9:11am

Carlisle Group, the investment house that owns the vast majority of stock in Piedmont Hawthorne, decided on March 1 to remove the for sale sign from its FBO chain–at least for now. Piedmont Hawthorne president Dean Harton told AIN, “It wasn’t much of a secret that the chain was for sale. The official public presentation was planned for September 15. You can imagine how that went.

October 8, 2007 - 10:00am

Piedmont Hawthorne of Winston-Salem, N.C., has been elevated to platinum status as an authorized Raytheon service center. It indicates a superior level of audit compliance with authorized service center standards for tooling, spares, technical library, training and facilities based on an annual review by Raytheon Aircraft. Seven of Piedmont Hawthorne’s 13 Regional Corporate Maintenance Centers are Raytheon service centers.

October 4, 2007 - 7:57am

Charles Tooley joined Savannah, Ga.-based Palmer & Cay, an insurance brokerage and consulting firm, as senior v-p for the aviation division. Tooley joined the company from an insurance broker in Kansas City.

Norwell, Mass.-based Sentient Jet named Jill Kremins as v-p of marketing. Kremins was most recently senior v-p of wealth segment strategy at Fleet Boston Financial.

October 2, 2007 - 11:30am

Washington, D.C.-based private-equity firm The Carlyle Group last month completed the acquisition of Garrett Aviation Services from General Electric. Frank Klaus has been named president and chief executive officer of the newly created joint company of Carlyle subsidiaries Garrett Aviation Services, Piedmont Hawthorne Aviation and Associated Air Center.

September 24, 2007 - 4:54pm

Dubai Aerospace Enterprise is here with its most recent acquisition, the Landmark Aviation and Standard Aero maintenance, repair and overhaul (MRO) businesses that it purchased for $1.9 billion last month from private-equity firm Carlyle Group.

August 29, 2007 - 9:59am

After purchasing Landmark Aviation and Standard Aero from The Carlyle Group on August 1, Dubai Aerospace Enterprise (DAE) announced that it is selling a division of Landmark Aviation now called the Airport Services Group and retaining the maintenance-focused portions of Landmark, including executive aircraft completions business Associated Air Center as well as turbine overhauler Standard Aero.

 
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