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Modern Aviation To Acquire Five Sheltair New York FBOs
Oct 19, 2021
Modern Aviation, based in New York, has signed an agreement to acquire five Sheltair Aviation fixed base operations in New York, subject to government approval. The deal is expected to close in the fourth quarter of 2021. Modern Aviation is backed by Tiger Infrastructure Partners, a private equity fund.
Airports, FBOs & Suppliers
Rising Prices, Used Bizav Aircraft Demand To Continue, IADA Says
Used business aircraft prices have increased 20% to 30% due to historically low inventory and a backlog of new aircraft orders, an International Aircraft Dealers Association survey of its dealers shows.
Tue, 10/19/2021 - 00:24