Modern Aviation Makes Deal for Sheltair's New York FBOs | Aviation International News

Modern Aviation Makes Deal for Sheltair's New York FBOs

Sheltair, the largest privately-owned aviation services provider in the U.S., has agreed to sell its five New York locations to Modern Aviation.

Growing FBO chain Modern Aviation has reached a deal with Sheltair to acquire the latter's five locations in New York. Included in the transaction is Sheltair's facility at John F. Kennedy International, the only FBO on field at the iconic gateway. (Photo: Curt Epstein/AIN)

By Curt Epstein • Business Aviation Services Editor

October 18, 2021

In a blockbuster transaction between FBO chains, Sheltair—the largest privately-owned aviation services provider in the U.S.—has agreed to sell its five New York locations to Modern Aviation. Included are Sheltair's facilities at John F. Kennedy International (KJFK), LaGuardia (KLGA), Republic (KFRG), Long Island MacArthur (KISP), and Francis S. Gabreski (KFOK) airports. The deal, subject to regulatory approval, is expected to close by year-end.

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