FBOs
Sheltair To Purchase Landmark Base
Terms of the deal remain under negotiation.

Service provider chain Sheltair has an agreement in place with Landmark Aviation to purchase the latter’s FBO at Florida’s Ocala International Airport, pending approval by local authorities. The 30-year agreement on the 17-acre property will expire in early 2018, and Sheltair is hoping to receive another 30-year lease.

According to airport manager Matthew Grow, terms were still under negotiation, but the airport board is looking to approve the assignment and then in the same motion end the current lease. “We want to get rid of that lease; we don’t want to extend it,” he told AIN. “It was not very favorable to the airport so if we go forward with the deal it will be with a brand new lease agreement.”

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