Charter & Fractional
Aircraft Management Is Challenge in BBA-Landmark Deal
London-based BBA Aviation will limit ownership of the Landmark charter and aircraft management business to a non-controlling stake to satisfy U.S. regs.

While the business aviation community remains abuzz over BBA Aviation subsidiary Signature Flight Support's proposed purchase of Landmark Aviation from the Carlyle Group, the disposition of Landmark’s aircraft charter and management division will present an extra consideration for the UK-based BBA, based on U.S. regulations preventing majority foreign ownership of a commercial air carrier.


Loading…