Sheltair Aviation at Famous New York Airports Completed Acquisition

A longstanding operator at New York's JFK International and LaGuardia Airports has finished its tenure after its FBO assets and operations have been acquired by Modern Aviation. 

Modern is a national network of FBO properties, on the rise as the company generally looks to acquire and develop operations in growth markets to expand their base. New York area FBOs would seem more likely to be classified as legacy operations instead of growth, but the high-profile locations are undoubtedly a solid addition to any collection of FBO gems as some of the most internationally trafficked and recognizable names in air travel around the world. 

Sheltair's president, Lisa Holland, applauded the transition, saying “We are enormously proud of Sheltair’s dedicated New York team and our corporate legacy serving these landmark airports. We have every confidence in Modern Aviation, their team of professionals, and their ability to meet the needs of this demanding market. As we anticipate a smooth and coordinated transition in the days ahead, it is important to pay tribute to the Port of Authority of New York and New Jersey. They are consummate aviation professionals and we are deeply appreciative of their efforts and guidance.”  

“We are very happy to close on the acquisitions  today and look forward to welcoming our new teammates to Modern and our customers to our  new locations at JFK and LGA," said Modern Aviation CEO Mark Carmen. "Our JFK and LaGuardia customers will find familiar faces when  they taxi up to our FBOs as we have hired all of Sheltair’s New York employees, for they have  demonstrated excellence with every arrival and departure. We look forward to the beginning  of a long and mutually beneficial relationship with the Port Authority of New York and New  Jersey. We are excited to be operating at these premier New York City airports and providing  world class customer service and safety to all of our customers.” 

FMI: www.modern-aviation.com