Ross Aviation, a nationwide FBO chain, has acquired the assets of an FBO formerly operated by Ronson Aviation at Trenton Mercer Airport in West Trenton, N.J. The FBO–which for now will continue to be known as Ronson Aviation–is the 14th location in the Ross network.
Hawthorne TTN Holdings has agreed to purchase assets of Ronson Aviation at Trenton-Mercer Airport in Trenton, N.J. The agreed price for the assets is $9.5 million, which includes $500,000 held in escrow for 15 months to secure indemnification obligations. The Ronson Aviation assets include FBO facilities, hangars and maintenance and avionics shops.
This month marks 75 years of service at Mercer County Airport in Trenton, N.J. (TTN). On October 26 the airport will host a celebration marking the grand opening air fair at the facility on that date in 1929. The star-studded aerial event drew 30,000 aviation enthusiasts to the airport that Saturday.
Ronson Aviation has announced plans for a new hangar and office complex to complement its existing 52,200-sq-ft facility at the Trenton Mercer Airport (TTN), N.J. Louis Aronson II, president and CEO, said, “We are pleased that despite a challenging economy, Ronson Aviation continues to enjoy steady growth from corporations and private pilots who appreciate the convenience and efficiency offered by our Trenton, New Jersey location.”