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Skyservice Business Aviation has completed its investment into Fontainebleau Aviation's FBO development project at the Fort Lauderdale-Hollywood International Airport (FLL). This venture is the first co-development project between Skyservice and Fontainebleau Development as the two companies join to create the ultimate private aviation gateway for both leisure and business travel in Florida.
"The collaboration between Skyservice and Fontainebleau in developing the new era of FBOs has been remarkable," Skyservice CEO Benjamin Murray said. "Today's clients expect the amenities and conveniences of an FBO to match those of the best hotels, as well as efficiency and safety that exceed any standard or policy. We're pleased to work with FLL and Broward County to meet these expectations and provide the best of what business aviation has to offer."
Skyservice announced in October its plans to purchase interests in the Fontainebleau FBO at the Miami Opa-Locka Executive Airport (OPF) and the new FBO at FLL. With the majority share purchase, Fontainebleau would retain its name and the companies would work as a joint venture to secure a large role in the southeast U.S. business aviation market. In December, Skyservice announced the completion of its investment into OPF and customary approvals for its investment in FLL. The OPF FBO has 270,000 square feet of hangar space, an executive terminal and office facilities.RELATED STORIES:Skyservices completes investment into Fontainebleau FBO in MiamiSkyservice Business Aviation is expanding its Oregon FBOsSkyservice Business Aviation breaks ground on new FBO and hangar complex in Seattle
"The completion of this transaction marks the beginning of an exciting chapter for Skyservice as we continue our expansion to better meet the needs of our clients and the growing demands of our industry," Murray said. "Together, we are well positioned to accelerate growth across our platform while enhancing our customers' travel experiences. Fontainebleau Aviation's OPF FBO is a welcome addition to our portfolio of 11 FBOs across North America, and a beacon of personified luxury in business aviation."
Florida is home to five of the top 25 busiest bizav airports in the U.S., meaning the latest completed investment into the new FLL FBO will expand Skyservice's access to one of the most significant markets in the industry. The FLL FBO is expected to be completed by early 2025. The new FBO will have an 80,000-square-foot hangar, a 25,000-square-foot opulent hobby and hangar offices, and an executive suite with an AV-equipped board room to accommodate groups of up to 20 people. The facilities have been engineered to support large business aircraft and Fontainebleau is now accepting hangar lease agreements.
"We are thrilled to partner with Skyservice to develop a one-of-a-kind luxury FBO grounded in 37 years of aviation thought leadership and award-winning service and safety," Fontainebleau Development Chairman and CEO Jeffrey Soffer said. "This is a first in our expanding portfolio of premier destinations and best-in-class luxury experiences to bring to the aviation industry."
As one of the largest bizav platforms in North America, the 2023 agreement with Fontainebleau added OPF and FLL to the dozen airports across the continent with a Skyservice presence, including Bend Municipal Airport (BDN) and Redmond Municipal Airport (RDM) in Oregon; Helena Regional Airport (HLN) in Montana; King County-Boeing Field International Airport (BFI) in Seattle; and Napa County Airport (APC) in California. In Canada, Skyservice operates at the Toronto Lester B. Pearson International Airport (YYZ) in Toronto; Montreal-Pierre Elliott Trudeau International Airport (YUL) in Montreal; Ottawa Macdonald-Cartier International Airport (YOW) in Ottawa; Calgary International Airport (YYC) in Calgary; and Vancouver International Airport (YVR) in Vancouver. The company also has two specialized facilities for heavy maintenance and avionics in Muskoka, Ontario and Montreal, Quebec.