Tag: BBA Aviation

BBA Aviation to sell OEM wing Ontic to private equity firm

Aviation services company BBA Aviation has announced its decision to sell its original equipment manufacturer (OEM) division Ontic to CVC Capital Partners. The London-based private equity firm agreed to buy Ontic for $1.37 billion, a sale which will allow BBA to focus on its Signature Flight Sup...

Signature Flight Support grow Italian FBO network

Fixed Base Operations (FBOs) network Signature Flight Support has announced the addition of six FBO locations in Italy, building on its existing presence in Milan and Rome. The Orlando-based BBA Aviation subsidiary has secured sites in Bergamo-Orio al Serio International, Catania-Fonanarossa, Fl...

Signature see profits climb backed by strength in market, parent company downgrade forecast

Due to a strong presence in the FBO market, Signature Flight Support posted a 3.3% increase in operating profit so far this year. Although Signature posted a decent result in the FBO market, its parent company, BBA Aviation, lessened its 2018 growth outlook from "good" to "modest". BBA Aviatio...

BBA Aviation diversifies fuel services with EPIC Aviation acquisition

Source: Marketwired.com BBA Aviation has announced it has acquired EPIC Aviation, operating under EPIC Fuels, which provides fueling services to over 200 FBOs. Signature Flight Support, one of BBA Aviation group's main areas of business, stated: "This acquisition of EPIC Fuels, a leader in aviat...

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