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Propeller Airports announces acquisition of Castle and Cooke FBO

SEATTLE, WA - Propeller Airports announced the acquisition of Castle andamp; Cooke's fixed based operation (FBO) at Paine Field (KPAE) in metro Seattle. The company also announced the formation of Propeller Aero Services, a new subsidiary that will focus on FBO development and will operate the FBO at Paine Field."Our goal is to bring the same award-winning, world-class service and operational excellence to our private aviation clients that our airline passengers have come to expect. This makes a tremendous amount of sense given our understanding of the airport and our home market," said Brett Smith, CEO of Propeller Airports."Propeller clearly understands the needs of the area and is committed to providing a high level of service," said Tony Marlow President of Castle andamp; Cooke Aviation. "Brett and the Propeller team have a deep understanding of the market and as anyone who has traveled through the passenger terminal here can tell you, they're committed to great service and the best possible customer experience."Propeller's planned investment in the redevelopment of current infrastructure, including a new FBO terminal and hangar complex, along with ancillary facilities, will generate economic development for Snohomish County and benefit the airport and its users. As the region continues to grow, there is demand for additional quality infrastructure to serve the general/corporate aviation communities, which Propeller is uniquely positioned to provide.Castle andamp; Cooke and Propeller anticipate closing on or before November 30th at which time Propeller will assume the management of the fixed based operation at Paine Field that includes aircraft fueling, catering, cleaning and hangar services.
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