The Sterling Group’s portfolio company Lynx FBO Network has signed an agreement to acquire the fixed-base operator (FBO) assets of Voyager Jet Center at Allegheny County Airport (AGC) in the US.
Set to conclude by the end of this month, the acquisition is the sixth FBO location and the third FBO acquired by Lynx this year.
Lynx FBO Network chief financial officer Matt DeLellis said:
“We believe the Pittsburgh market, and its rise as a global innovation city, is a perfect complement to our growing network of FBOs and we look forward to working with the Allegheny County Airport Authority (ACAA), Voyager Jet and the local FBO team to deliver a best-in-class service offering for our customers in the Mid-Atlantic region.”
Following the acquisition, Voyager Jet will become a tenant of Lynx.
Its executive aircraft management, private jet charter, corporate jet sales and maintenance businesses will continue to be operated out of the same facilities.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below formBy GlobalData
Voyager Jet CEO Charles Falce said: “We are excited to be partnering with a national FBO operator with Lynx’s pedigree on this journey. This is a positive move for our customers, our employees, the Allegheny County Airport, and the local aviation community.”
Voyager Jet has been offering private jet services at the airport since it was established in 2001.
In June this year, Lynx announced its acquisition of the Napa Jet Center, which offers general aviation services in the Napa Valley.
Lynx has locations in Destin, Florida, Minneapolis (Anoka), Minnesota, Portland (Aurora), Oregon, Little Rock, Arkansas, Napa, California and soon in Pittsburgh, Pennsylvania.