Canada-based Skyservice Business Aviation has completed its investment in Fontainebleau Aviation’s FBO at Miami Opa-Locka Executive Airport to become its majority shareholder.
The Fontainebleau Aviation FBO at Miami Opa-Locka Executive Airport (OPF), the eighth-busiest US airport, is located near downtown Miami and provides premier services for business aviation travelers with approximately 270,000 square feet of hangar space, an executive terminal and office facilities.
The deal between Fontainebleau and Skyservice, which was initially announced at the NBAA-BACE event in October 2023 completed last month. Financial terms of the transaction were not disclosed.
Skyservice president and CEO Benjamin Murray said, “The completion of this transaction marks the beginning of an exciting chapter for Skyservice as we continue our expansion to better meet the needs of our clients and the growing demands of our industry.
“Together, we are well positioned to accelerate growth across our platform while enhancing our customers’ travel experiences. Fontainebleau Aviation’s OPF FBO is a welcome addition to our portfolio of 11 FBOs across North America, and a beacon of personified luxury in business aviation.”
Approvals for the Skyservice’s investment in a new FBO at Fort Lauderdale-Hollywood International Airport, which is currently under development by Fontainebleau Aviation are also progressing.
Fontainebleau Aviation’s development chairman and CEO Jeffrey Soffer said, “We are thrilled to partner with Skyservice, beginning with our premier Miami location at OPF. As we focus on expanding our portfolio of premier destinations and one-of-a-kind luxury experiences, Skyservice is the ideal steward and partner due to its strong pedigree and reputation for excellence in the industry.”
Skyservice has been expanding in the USA since 2021 and now has a presence at 12 airports.
