Skyservice Business Aviation, a portfolio company of Instar Asset Management, has agreed to purchase interests in the Fontainebleau Aviation fixed-based operator (FBO) at Miami Opa-Locka Executive Airport (OPF) and a new FBO at Fort Lauderdale-Hollywood International Airport (FLL), currently under development by Fontainebleau Aviation. Financial terms were not disclosed.
Skyservice is one of the largest business aviation platforms in North America. This investment expands Skyservice’s operations in South Florida and elevates the Fontainebleau luxury brand within the rapidly growing private and business aviation sectors.
Both OPF and FLL represent two of the top 20 business aviation markets in the United States. The Fontainebleau Aviation FBO at OPF, located near downtown Miami and the eighth-busiest U.S. airport, provides premier services for business aviation travelers with approximately 350,000 square feet of hangar space, an executive terminal and office facilitie