FBOs
Australian finance house buys Atlantic Aviation
At the end of last month, Macquarie Bank of Sydney, Australia, entered into an agreement to purchase Executive Air Support, the Dallas-based group whose so

At the end of last month, Macquarie Bank of Sydney, Australia, entered into an agreement to purchase Executive Air Support, the Dallas-based group whose sole business is Atlantic Aviation. The transaction is valued at US$238 million. Combined with the five FBO AvCenters already owned by Macquarie, the deal for the 10 FBOs will triple the number of Macquarie-owned aircraft-service operations in the U.S.