Press Release

Issued by Jet Aviation.

May 23, 2019

The recent groundbreaking at Jet Aviation's FBO in West Palm Beach, Florida, for new hangar and office space is just the latest step in the company's efforts to expand and improve its global FBO network, now at 35 locations. The company is investing heavily to ensure its facilities are designed and equipped to meet all the business aviation needs of its global customer base.

Jet Aviation's FBO business in EMEA and APAC saw significant growth in 2018. First the company acquired the Hawker Pacific chain of FBOs throughout Australia and Asia in May. Then in September it established ground-handling services at Prince Abdul Mohsin Bin Abdulaziz Regional Airport in Yanbu, the Kingdom of Saudi Arabia, followed by the acquisition of the KLM Jet Center businesses in Amsterdam and Rotterdam in October.

This year, Jet Aviation continues to expand its locations and services. The company plans to provide FBO services from a newly refurbished 600 square-metre state-of-the art, double-story facility at Riyadh's King Khalid International Airport (KKIA) by the end of 2019, its 40th anniversary year in Saudi Arabia.

In the U.S. and Caribbean, construction or renovation is under way, or soon will be, at seven of Jet Aviation's 12 regional locations. This includes its newest in Scottsdale, Arizona, where Jet Aviation recently announced it has acquired a stake in the Scottsdale Jet Center. It also includes the entirely new FBO and hangar complex nearing completion at Van Nuys, California and hangar expansions in Teterboro, New Jersey, San Juan, Puerto Rico and West Palm Beach, Florida. Finally, significant renovations will soon be underway at the FBOs in Teterboro, New Jersey and Dallas, Texas and a storm-damaged hangar will be replaced in Houston, Texas.

“Our acquisitions and facility expansions throughout our FBO network demonstrate our commitment to delivering industry-leading services exactly where our customers need them,” said David Paddock, who becomes president of Jet Aviation July 1 after serving four years as senior vice president and general manager regional operations USA. “With General Dynamics support, we are moving strategically and purposefully toward our top priority of exceeding customer expectations across our full range of business- aviation services.”