Modern Aviation acquires Denver FBO, beings to build its chain

posted on 19th September 2018 by Omar

Modern Aviation, a recently-launched private equity-backed chain of FBOs has announced it has acquired XJet’s FBO at Denver Centennial Airport.

The new FBO chain company was launched in February of this year with the purchase of Air Wilmington; Modern Aviation’s developing operations and management with be bolstered considerably with the Denver FBO.

With more than 50,000 square feet of climate-controlled hangar, the facility can accommodate business jets up to a Gulfstream G650, Bombardier Global, Embraer Legacy 600, or Dassault Falcon 7x/8x.

The first-class executive terminal features rentable office space, an auto spa and auto storage, a conference room, a crew lounge, private bathrooms with showers and sleep rooms. Located just 15 miles southeast of Denver, Centennial Airport is a top 15 general aviation airport in the U.S. and is the principal business aviation airport in Denver, Colorado.

“XJet is known for its high-quality facilities, outstanding customer service and commitment to safety, which is a perfect fit for the Modern Aviation platform,” said Modern Aviation CEO, Mark Carmen.

Carmen added, “Denver is a highly attractive, growing general aviation market, and we plan to invest in additional infrastructure to create the premier FBO location in the Rocky Mountain region.

We intend to immediately expand the ramp to accommodate more traffic and have plans to build out additional hangars on the existing leasehold to service growing demand in the region. Additionally, we look forward to providing industry best practices that benefit all stakeholders at Denver Centennial Airport.”

“XJet built outstanding facilities at APA, and over the last ten years has maintained an incredible track record of delivering exceptional customer service by a team who love what they do,” said XJet founder and CEO, Josh Stewart.

“Modern Aviation is well positioned to build on that success and further develop the leasehold to reach its full potential.  I’m confident that Modern will provide a great home for the team, and our loyal customer base.

XJet will now focus on its European hub at London’s Stansted Airport and expanding its Seven Star Service brand in the MENA region.”