FBOs
Modern Aviation Closes on Two NYC FBOs
Modern Aviation has completed its purchase of Sheltair’s FBOs at New York’s John F. Kennedy International and LaGuardia airports.
After a decade as the FBO operator at New York's iconic John F. Kennedy International Airport, Sheltair has sold the location to Modern Aviation, part of a package of five FBOs in New York City and nearby Long Island. The Florida-based aviation real estate and services provider is exiting the Northeastern U.S. as it turns its attention to other parts of the country. (Photo: Sheltair)
After a decade as the FBO operator at New York's iconic John F. Kennedy International Airport, Sheltair has sold the location to Modern Aviation, part of a package of five FBOs in New York City and nearby Long Island. The Florida-based aviation real estate and services provider is exiting the Northeastern U.S. as it turns its attention to other parts of the country. (Photo: Sheltair)

Modern Aviation has completed its purchase of Sheltair’s FBOs at New York John F. Kennedy International and LaGuardia airports, part of the sale of Sheltair’s New York locations that was first announced last year. According to a Sheltair spokesperson, the deal, which marks the transition of the company out of the New York market, will be completed in stages with the two New York City locations—in both cases representing the sole service provider on the field—to be followed later this quarter by its facilities at Republic (KFRG), Long Island MacArthur (KISP), and Francis S. Gabreski (KFOK) airports.