Signature’s new chief remains optimistic despite traffic drop | Aviation International News

Signature’s new chief remains optimistic despite traffic drop

Who would come into the FBO business in January 2009, with business aviation in the throes of one of the deepest downturns in its history? Well, Michael Sc

By Charles Alcock • Managing Editor

May 10, 2009

Who would come into the FBO business in January 2009, with business aviation in the throes of one of the deepest downturns in its history? Well, Michael Scheeringa for one. The former CEO of fractional ownership provider Flight Options took over as president of Signature Flight Support (Booth No. 7040) and after just over 100 days in office he has no regrets.

“In the spectrum of aviation, this is a great place for me to have landed,” he told EBACE Convention News. “Signature is the number-one brand in terms of size and stature and we are now at the bottom end of the down cycle so this has to pose opportunities.” In other words, the only way is up.

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