Propeller Airports has acquired Castle & Cooke's FBO at Paine Field in Seattle, Washington. As a result of the purchase, Propeller Aero Services has been formed and will focus on FBO development and operation at Paine Field.

"Our goal is to bring the same award-winning, world-class service and operational excellence to our private aviation clients that our airline passengers have come to expect. This makes a tremendous amount of sense given our understanding of the airport and our home market," says Brett Smith, CEO of Propeller Airports.

Propeller's planned investment in the redevelopment of current infrastructure includes a new FBO terminal and hangar complex along with ancillary facilities. As the region continues to grow, Propeller anticipates there will be demand for additional quality infrastructure to serve the corporate aviation communities.

Castle & Cooke and Propeller anticipate closing on or before November 30th at which time Propeller will assume the management of the fixed based operation at Paine Field that includes aircraft fuelling, catering, cleaning and hangar services.