Signature Aviation buys Castle and Cooke, its third FBO at Van Nuys
Van Nuys Airport is not just another business aviation hub; it's one of the busiest and a primary gateway into the lucrative Los Angeles market. Any FBO move within that primary real estate has the potential to move markets, which is what makes Signature Aviation's latest acquisition significant. On Sept 15, Signature Aviation announced its acquisition of Castle andamp; Cooke Aviation Services at Van Nuys Airport (VNY), stating the takeover will expand its Southern California presence, increase capacity and improve access for customers traveling through the Los Angeles region. The deal gives Signature three FBOs on the field, up from two, with the former Castle andamp; Cooke terminal redesignated "VNY North" within Signature's network. "Van Nuys is one of the most important business aviation markets in the world, and this acquisition strengthens our ability to serve guests in this critical gateway," said Tony Lefebvre, Signature Aviation's CEO. Signature claims that it has worked closely with Castle andamp; Cooke's team to ensure a smooth transition as it is integrated into Signature's broader network. Consolidation's push and pull on Van Nuys The transaction highlights continued interest in investment and consolidation within aviation infrastructure. Companies are increasingly competing, not just through aircraft programs and services, but through airport facilities that support those activities. Airport-adjacent assets are often viewed as longer-duration investments tied to the overall health of business aviation. The move to build additional capacity at non-primary airports, combined with consolidation across the board, has had a push/pull effect on owners and operators. A reduction in competition may have an adverse effect on pricing. The addition of hangar space outside prime locations can work as a capacity pressure relief valve. Why it matters Airport infrastructure rarely receives the same attention as aircraft transactions, but it plays a central role in how private aviation operates day to day. FBO ownership changes can have immediate operational implications. Charter operators, brokers and flight departments frequently develop relationships with specific providers based on service levels, ramp access, fuel programs and hangar availability. Changes in those areas can influence airport preferences, service-provider selection and operating decisions. As companies continue investing in facilities, service networks and airport access, the competitive landscape extends beyond the ramp and into customer experience itself. All eyes are on Van Nuys to see how this transition plays out.