Dubai Aerospace Selling FBO Group

Business Jet Traveler » October 2007
Monday, October 1, 2007 - 5:00am

Dubai Aerospace Enterprise (DAE) has announced that it is seeking a buyer for a division of Landmark Aviation called Airport Services Group. The group consists of 33 FBOs, an aircraft sales division, a charter management business, six maintenance shops and six Hawker Beechcraft authorized service centers. DAE isn't planning to sell Associated Air Center, which is Landmark's executive aircraft completions business, or its turbine overhauler Standard Aero. DAE purchased Landmark Aviation and Standard Aero from The Carlyle Group on August 1.

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“When you get into the larger aircraft it becomes like a hotel, with dozens of staff supporting the plane based in a galley area down below. You have very comprehensive cooking facilities, and on larger aircraft we have looked at theatres, with spiral staircases and a Steinway grand piano. The limitations for what you can put inside a plane are pretty much the limits of physics, and even money cannot always overcome that. Even so, people are still always trying to push [the limits]. ”

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