Signature Profits Climb Despite Slower GA/Bizav Growth | Aviation International News

Signature Profits Climb Despite Slower GA/Bizav Growth

Increased fuel prices eroded margins at Signature, however.

By Kerry Lynch • Editor, AIN monthly magazine

August 6, 2018

Signature Flight Support’s market strength helped drive a 3.3 percent increase the operating profit of parent BBA Aviation, even with a softer-than-anticipated growth of U.S. business and general aviation (BGA) movements, BBA Aviation reported late last week. BGA grew 2.3 percent in the first five months of the year, slower than the 3 percent that BBA Aviation had anticipated, the company said in the release of its interim financial report. While June results were not yet posted, a slight contraction was anticipated in North America, based on Argus TraqPak data.

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