Modern Aviation acquires third FBO

Modern Aviation has acquired Gateway USA, LLC, which operates one of the two main FBOs at Boeing Field (KBFI) in Seattle, WA.

The announcement marks the third FBO acquisition for Modern Aviation closed in less than 12 months.

The Gateway FBO offers more than 65,000 square feet of hangar space, 18,000 square feet of terminal and office space, and aircraft maintenance, repair and overhaul services via its Part 145 Repair Station.

Gateway has received its IS-BAH stage II registration and is also the exclusive authorised dealer and service centre for Quest Kodiak in the Pacific Northwest.

“Gateway is known for its outstanding customer service, commitment to safety, and its pool of talented employees, making it a perfect fit for the Modern Aviation platform,” said Modern Aviation CEO, Mark Carmen. “Gateway will continue to be led by general manager Chuck Kegley and his dedicated Seattle team who will continue to deliver the same level of service that customers experience today.”

Boeing Field is also one of the top 20 busiest general aviation airports in the US and is the principal business aviation airport in the greater Seattle, Washington area.

Carmen explained: “Seattle is a highly attractive, growing general aviation market, and we plan to develop Gateway’s additional leasehold directly adjacent to its current facility in 2019 by building 48,000 square feet of additional hangar and office space to service growing demand in the region. Additionally, we look forward to providing industry best practices through Gateway’s team of dedicated employees to benefit all stakeholders at Seattle’s Boeing Field.”

Gateway has been operating at Boeing Field since 2003. Co-founders Joe Clark and Clay Lacy commented: “Modern Aviation is well positioned to build on our success at Boeing Field and to further develop the business to reach its full potential. We are confident that Modern will provide a great home for the team and our loyal customer base.”

The Seattle facility will be rebranded as Modern Aviation in the first quarter of 2019.

Modern Aviation aims to acquire and develop FBO operations in growth markets and is particularly pursuing opportunities in North America and the Caribbean.

For more on Modern Aviation, take a look at the latest Regional Gateway magazine, featuring a profile on the FBO platform, it’s progress and its goals for expansion.

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