The Redemption Date was initially June 1, 2021. (the "Issuer"), a Delaware corporation and wholly-owned subsidiary of Signature Aviation plc ("Signature"), announces the extension of the redemption date for its previously announced election to redeem in full (the "Redemption"), subject to the satisfaction or waiver of certain conditions, its outstanding $500,000,000 5.375% Senior Notes due 2026 (the "Notes") upon the terms of, and subject to the conditions set forth in, the Notice of Full Conditional Redemption sent to the holders of the Notes on Ap(the "Redemption Notice") in accordance with the requirements under the indenture related to the Notes. sites, in addition to mobile AOG support.NEW YORK, /PRNewswire/ - Signature Aviation US Holdings, Inc. Maintenance: Signature TechnicAir provided at 16 U.S. Signature OfferingsįBOs: FBO facilities at more than 200 owned and some 18 Signature Select locations worldwide.įuel: Aviation fuel provided to more than 400 Signature, Signature Select, and independent FBOs. Uber Elevate named Signature as the first infrastructure provider for its proposed eVTOL passenger terminals in June 2019. (BBA also divested FBOs in half a dozen Landmark locations that would have given Signature an FBO monopoly at those airports.)īBA acquired its long-time fuel supplier Epic Aviation in 2018, adding it to the Signature portfolio. Prohibited by law from owning a charter certificate due to its foreign ownership, BBA partnered in 2017 with Gama Aviation, a U.S.-based division of the U.K.’s publicly traded Gama Group Ltd., to create Gama Aviation Signature, transferring Landmark’s charter and management business to the latter entity, with BBA taking a 49 percent stake. In 2016, BBA acquired Landmark Aviation, a major U.S.-based charter, management, and FBO provider, adding 62 locations and bringing the Signature network to more than 200 FBOs worldwide. In 2012, having added 20 more owned locations, Signature launched its Signature Select licensing program to bring independent FBOs into its network. The company introduced its Signature TechnicAir maintenance service at select locations in 2011. In 2006, BBA rebranded its aviation division as BBA Aviation and by the end of 2008, Signature had almost 95 FBO locations. BBA also established Signature Flight Support to provide FBO services for business and general aviation and then continued to acquire FBOs and aviation business that included FBOs in subsequent years, often later divesting the non-FBO portions of those latter entities. The largest division of the U.K.’s BBA Aviation, Signature Flight Support provides FBO and associated ground-handling services at some 200 airports worldwide, fuel at about 400 facilities, and maintenance at select locations.Īfter entering the business aviation arena in the 1980s, publicly traded British industrial conglomerate BBA Group (BBA) bought and combined Butler Aviation, whose operations included FBOs, and Page Avjet, an executive aircraft interiors outfitter, in 1992. Signature Flight Support Signature Flight Support
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |