Modern-Aviation to take over Gateway USA and two main FBOs

posted on 3rd January 2019 by Omar
Modern-Aviation to take over Gateway USA and two main FBOs

The growing network Modern Aviation have taken over Gateway USA which operates one of the two main FBOs at Boeing Field in Seattle.

The Seattle facility, which will be rebranded as Modern Aviation in early 2019, is the third FBO acquisition closed in less than 12 months for Modern Aviation, an FBO platform backed by Tiger Infrastructure Partners.

Modern Aviation CEO, Mark Carmen, said: “We look forward to providing industry best practices through Gateway’s team of dedicated employees to benefit all stakeholders at Seattle’s Boeing Field.”

Boeing Field is one of the top 20 busiest general aviation airports in the USA, and the principal business aviation airport in Washington.

Modern-Aviation takes over Gateway USA

According to the Aviation International News annual FBO survey and Pilot’s Choice Awards, Gateway’s Seattle facility is consistently rated one of the top FBO service providers in the Northwest of America. The FBO offers more than 65,000 square feet of hangar space, 18,000 square feet of terminal and office space, aircraft maintenance, repair and overhaul services.

Mr Carmen said: “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.”

The private New York based infrastructure equity firm, Tiger Infrastructure Partners, is working alongside Modern Aviation who are actively engaged in pursuing additional FBOs and further development opportunities in North America and the Caribbean.

Gateway co‐founders, Joe Clark and Clay Lacy, said: “We are 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 [Aviation] will provide a great home for the team and our loyal customer base.”

Gateway has received IS‐BAH stage II registration and is the exclusive authorized dealer and service center for Quest Kodiak in the Pacific Northwest.