Friday, December 7, 2012
Landmark Aviation Acquires FBO at Teterboro Airport
Houston, Texas-based aircraft management company Landmark Aviation signed an agreement on Thursday to acquire the fixed based operation (FBO) of First Aviation Services at Teterboro Airport (TEB) in Teterboro, N.J.
The two companies did not disclose the financial details of the agreement. Landmark said it expects the acquisition to be completed by the end of the year.
“We are very excited about this acquisition as it will expand our presence in the Northeast and significantly enhance our network to better serve our customers,” said Dan Bucaro, president and CEO of Landmark Aviation.