Signature Aviation has agreed to purchase Dulles Jet Center (DJC), a corporate hangar facility located at Washington Dulles International Airport (IAD) and consisting of 197,000 square feet of hangar space, office space and a passenger lounge.
The expanded footprint achieved from consolidating Signature’s existing IAD facilities with DJC will result in an improved experience for the flight departments based at DJC, including expanded aviation services and access to Signature’s worldwide network of FBO and hangar locations.
“We’re excited to welcome Dulles Jet Center into the Signature Aviation family,” said Tony Lefebvre, CEO of Signature Aviation.
“This is a great opportunity to bring together two companies that have operated as neighbors over the years and are committed to delivering exceptional hospitality to our guests and residents.”
“Our goal at Dulles Jet Center was to set an entirely new standard for the construction and operation of corporate hangar facilities,” said Michael Landow the owner of DJC. “We are impressed with Signature’s commitment to delivering exceptional experiences that we have been providing. With their large network and excellent reputation for customer service, Signature is well-positioned to continue and even expand Dulles Jet Center’s operations.”
The transaction is expected to be completed on or before August 31, 2024, when DJC will join Signature’s global network of more than 200 locations in 27 countries across five continents.