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Signature Flight Support and NetJets® Inc. Sign Deal for Private-Use FBO Terminal at Palm Beach International Airport (PBI)

Dépèche transmise le 15 juin 2011 par Business Wire

Signature Flight Support and NetJets® Inc. Sign Deal for Private-Use FBO Terminal at Palm Beach International Airport (PBI)

COLUMBUS, Ohio--(BUSINESS WIRE)--Signature Flight Support Corporation, the world’s leading FBO network, and NetJets^® Inc., a Berkshire Hathaway company and the worldwide leader in private aviation, announced today the signing of a long-term lease that will provide NetJets with a dedicated, private terminal at Palm Beach International Airport (PBI). The project includes a 10,000 sq. ft. newly-constructed terminal with modern amenities as well as approximately six acres of paved ramp, aircraft movement and car parking areas. The multiple-year deal will enhance NetJets’ ability to provide exceptional service to its Owners with dedicated Signature staff and a facility customized to NetJets’ specifications and Owner preferences.

“This agreement with NetJets allows Signature to offer enhanced services to NetJets Owners and crews while at the same time expanding our capacity at Palm Beach International Airport”

The new terminal will be located on the northwest corner of the airfield, allowing for rapid access to major roadways and the commercial terminal. Facility design features include a streamlined passenger transition to and from the aircraft ramp, modern furnishings, conference and business center capabilities, crew lounge and rest areas and flight planning facilities.

“This agreement with NetJets allows Signature to offer enhanced services to NetJets Owners and crews while at the same time expanding our capacity at Palm Beach International Airport,” said S. Michael Scheeringa, President, Signature Flight Support. “The long-term nature of the agreement further solidifies our valued relationship with NetJets.”

Adam Johnson, President, Sales, Marketing and Service for NetJets North America stated, “Signature is a customer-centric flight support services provider for NetJets and we look forward to welcoming our Owners to this new state-of-the-art facility in Palm Beach. The new, dedicated facility will be built and operated to NetJets’ specifications and Owner preferences. Signature shares NetJets’ dedication to safety and service, and we have complete confidence that their exceptional performance and commitment to serving their customers’ needs will meet and exceed the expectations of our Owners and crews.”

Construction of the new facility is expected to be completed in early 2013.

Signature Flight Support, a BBA Aviation plc company, is the world’s largest fixed-base operation (FBO) and distribution network for business aviation services. Signature services include fueling, hangar and office rentals, ground handling and a wide range of crew and passenger amenities at strategic domestic and international locations. Headquartered in Orlando, Florida, Signature currently operates at more than 100 locations in the United States, Europe, South America, Africa and Asia. For more information, please visit: www.signatureflight.com.

BBA Aviation plc is a leading global aviation support and aftermarket services provider with market leading businesses and attractive growth opportunities. BBA Aviation’s Flight Support businesses (Signature Flight Support, ASIG and Signature TECHNICAir) are focused on refueling and ground handling of business and commercial aviation aircraft. Its Aftermarket Services and Systems businesses (Dallas Airmotive, Premier Turbines, H&S Aviation, International Turbine Service, Barrett Turbine Engine Company, Ontic, Legacy Support Houston, International Governor Services and APPH) are focused on the repair and overhaul of jet engines and the manufacture and service of aerospace sub-systems and components. For more information, please visit www.bbaaviation.com.

About NetJets^® Inc.

NetJets^® Inc., a Berkshire Hathaway company, is the worldwide leader in private aviation and provides the safest and most secure private aviation solutions. NetJets^® fractional share ownership allows individuals and companies to buy a share of a private jet at a fraction of the cost of whole aircraft ownership, and guarantees availability 365 days a year with just a few hours’ notice. The NetJets programs worldwide offer the largest and most diversified fleet in private aviation, which includes 13 of the most popular business jet types in the world. The Marquis Jet Card^® provides access to the NetJets program through a 25-hour jet card. NetJets Inc. also offers aircraft management, charter management, and on-account charter services through its subsidiary, Executive Jet^® Management. More information on NetJets, the Marquis Jet Card, and Executive Jet^® Management is available at www.netjets.com.

All fractional aircraft offered by NetJets in the United States are managed and operated by NetJets Aviation, Inc. All aircraft offered by NetJets in Europe are operated by NetJets Transportes Aéreos, SA, an EU air carrier. Executive Jet Management, Inc. provides management services for customers with aircraft that are not fractionally owned, and provides charter air transportation services using select aircraft from its managed fleet. Marquis Jet Card flights are operated by NetJets Aviation under its 14 CFR Part 135 Air Carrier Certificate. Each of these companies is a wholly owned subsidiary of NetJets Inc.