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Modern Aviation Acquires Two FBOs From Sheltair Aviation

by Mia Yao

Modern Aviation Acquires Two FBOs From Sheltair Aviation

Modern Aviation, the US FBO service provider, has acquired the FBO assets and operations at Francis S. Gabreski Airport (“FOK”) and Republic Airport (“FRG”) from Sheltair Aviation.

The agreement was made after the company received all government approvals needed. All Sheltair employees have joined Modern Aviation.

“We believe that increasing our presence in New York will allow us to better serve our customers in the Northeast. All five of our bases in New York have tremendous growth potential,” said Mark Carmen, CEO, Modern Aviation.

Modern Aviation now operates 12 FBOs in North America.

As a company that is rapidly growing, Modern Aviation’s strategy is to acquire and develop FBO operations in growth markets.

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