Signature completes deal with Maguire Aviation
Jan. 2, 2014, London, U.K. - Signature Flight Support Corporation announced today that it has completed the acquisition of the assets of Maguire Aviation Group, LLC at Van Nuys Airport (KVNY).
Through this acquisition, Signature Flight Support has expanded its FBO facility at Van Nuys Airport with a combined footprint of 1.17 million sq. ft. of hangar, ramp, passenger lounges and office space. The expanded Signature Flight Support footprint at Van Nuys provides customers with the added convenience of multiple locations on the field for FBO services and aircraft storage.
Since 2005, Maguire Aviation has offered a full range of flight support services to both tenant and transient business and general aviation customers. In 2012, Maguire Aviation also completed the construction of a dedicated NetJets facility at Van Nuys.
Maria Sastre, president and chief operating officer of Signature Flight Support stated, “Maguire Aviation is an excellent flight support provider at one of the premier airport locations in the world. The expanded Signature Flight Support footprint created by this acquisition provides our customers with additional world-class flight support services at Van Nuys. We are excited to welcome the staff of Maguire Aviation to the Signature Flight Support global family. We also look forward to serving an expanded base of Signature Flight Support customers”
Commenting on the acquisition, Robert Maguire, founder and CEO of Maguire Aviation stated, “We have a great franchise at Van Nuys Airport and Signature Flight Support was our clear choice. It is an outstanding company and we have found them excellent to work with. We are thrilled that our customers will enjoy the world-class customer service Signature Flight Support is known for. While Signature will operate the campus of FBOs and hangars, Maguire Investments will develop a combined footprint totaling 900,000 sq.ft. of hangar, office and passenger lounge space, as well as ramp area, in coordination with Signature.”
The newly acquired entity will be branded Signature Flight Support, except for the NetJets facility, and will offer exemplary customer service and facilities. Signature Flight Support customer network benefits will be offered including Signature Status® and Signature TailWins® customer rewards programs.
Van Nuys Airport serves the greater Los Angeles metropolitan area and currently ranks as the sixth busiest airport in the world with more than 250,000 total aircraft movements in 2012. Its proximity to downtown Los Angeles makes Van Nuys a convenient and attractive gateway for business and leisure travelers including the Hollywood entertainment industry.