Atlantic Aviation parent company Macquarie Infrastructure announced late last week that it acquired Galaxy Aviation, a Florida-based FBO chain with six facilities, for $195 million. The agreement is expected to close in the first quarter of next year, subject to government approvals.
Yampa Valley Airport
As of last Wednesday, Bermuda L.F. Wade International Airport will be closed to general aviation and non-scheduled commercial traffic between the hours of 11 p.m. and 7 a.m. The airport, which recently obtained civil certification, formerly received infrastructure support from the U.S. military for 24/7 ATC operations and aircraft rescue and firefighting (ARFF).
Galaxy Aviation has added a sixth FBO to its roster, with the purchase of Spectrum Jet Center at Yampa Valley Regional Airport in Hayden, Colo. The airport has a 10,000-foot runway and “is the only field serving Steamboat Springs that is capable of accommodating the largest GA aircraft,” according to Galaxy. Galaxy’s other locations are in Florida, and the Yampa acquisition marks the company’s first foray outside the Southeastern U.S.