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Hawthorne expands FBO network to Iowa with JetSun acquisition.

AIRLINE INDUSTRY INFORMATION-(C)1997-2017 M2 COMMUNICATIONS

Charleston, South Carolina-based Hawthorne Global Aviation Services has acquired JetSun Aviation Centre, a Sioux City, Iowa fixed based operator (FBO) at Sioux Gateway Airport (KSUX), the company said.

NexPhase Capital (NPC) and Hawthorne Corporation formed Hawthorne in 2010 to pursue an FBO acquisition strategy. NPC provides the company with strategic advice.

The Sioux City FBO has more than 100,000 square feet of hangar space, a Part 145 Repair Station, extensive avionics capabilities, a large reception area, conference room, pilot's lounge, and flight planning.

In addition to FBO services, Sioux City will offer full maintenance and avionics services.

Hawthorne Sioux City further expands the Hawthorne network that includes FBOs at Long Island MacArthur Airport in Islip, NY (KISP), Cobb County International Airport in Atlanta, Ga. (KRYY), Chicago Executive Airport in Chicago, Ill. (KPWK), Chippewa Valley Regional Airport in Eau Claire, Wis. (KEAU), and Tuscaloosa Regional Airport in Tuscaloosa, Ala. (KTCL).

Hawthorne provides general aviation services, and operates six FBOs.

NPC is a New York-based private equity firm that targets equity investments in leading middle market, growth-oriented companies.

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Publication:Airline Industry Information
Date:May 4, 2017
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