Skyservice Business Aviation has entered into a definitive agreement to acquire the London Aviation Centre hangar facility at Vancouver International Airport (YVR) from London Aviation Centre.
Subject to the satisfaction of certain conditions, the transaction is expected to close in early November.
“Our ongoing investment in the region reflects our unwavering commitment to our clients,” said Benjamin Murray, president, and CEO at Skyservice.
“We firmly believe the expansion at Vancouver Airport, built on our foundation of safety and service excellence, is a crucial element in meeting the region’s growing business aviation needs.”
This acquisition expands Skyservice’s renowned FBO service and hangar offerings to a wider range of business aviation clients seeking personalised, efficient, and convenient access to Vancouver’s downtown core.
The new facility offers an additional 12,000 square feet of office space available for lease, as well as 64,000 square feet of hangarage equipped with 44’ hangar doors that can accommodate jetliners such as the Boeing 737 BBJ MAX and Airbus ACJ series aircraft.
Skyservice is strategically planning to enhance its West Coast maintenance, repair, and overhaul (MRO) operation by expanding its existing operations into the London Aviation Centre facility, enhancing its service offerings to provide Vancouver-based clients with a seamless and comprehensive aviation experience, all within a single trusted brand.
“Skyservice is a valued partner for YVR as we expand our role as a diversified hub that connects people, cargo, data, and ideas in service of communities across BC,” said Michael Chubb, director of commercial development, Vancouver International Airport (YVR).
“We look forward to building on our existing partnership to establish Vancouver as a regional business aviation hub. We also extend our gratitude to London Air Services for their longstanding relationship with YVR, and the role they have played in supporting local businesses and communities.”
Skyservice recently announced its investment in Fontainebleau Aviation’s two southern Florida FBO properties at Miami Opa-Locka Executive Airport (“OPF”) and a new FBO at Fort Lauderdale-Hollywood International Airport (“FLL”) that is currently under development.
Upon the transaction’s customary approvals, Skyservice will own and operate 13 FBOs and six MRO facilities across North America, two of which are devoted to heavy maintenance and avionics.
