Skyservice Business Aviation has entered into a definitive agreement to acquire the London Aviation Centre hangar facility at Vancouver International airport. Subject to the satisfaction of certain conditions, the transaction is expected to close in early November.

"Our ongoing investment in the region reflects our unwavering commitment to our clients," says Skyservice president and CEO Benjamin Murray. "We firmly believe the expansion at Vancouver airport, built on our foundation of safety and service excellence, is a crucial element in meeting the region's growing business aviation needs."

This acquisition expands Skyservice's FBO service and hangar offerings to a wider range of business aviation clients seeking personalised, efficient and convenient access to Vancouver's downtown core. The new facility offers an additional 12,000sq ft of office space available for lease, as well as 64,000sq ft of hangarage equipped with 44ft hangar doors that can accommodate jetliners such as the Boeing 737 BBJ Max and Airbus ACJ series aircraft.

"Skyservice is a valued partner for Vancouver International as we expand our role as a diversified hub that connects people, cargo, data and ideas in service of communities across British Columbia," says airport director of commercial development Michael Chubb. "We look forward to building on our existing partnership to establish Vancouver as a regional business aviation hub. We also extend our gratitude to London Air Services for its longstanding relationship with the airport, and the role it has played in supporting local businesses and communities."

London Air Services will continue operating its rotary division and will remain a tenant of the hangar; Vancouver International airport remains home to its head office and rotary aircraft. The company intends to grow its rotary services, including helicopter charters aboard its twin engine Agusta Westland 139s.

Earlier this month, Skyservice announced its investment in Fontainebleau Aviation's southern Florida FBO property at Miami Opa-Locka Executive airport and its new FBO at Fort Lauderdale-Hollywood International airport that is currently under development. When all goes through, Skyservice will own and operate 13 FBOs and six MRO facilities across North America, two of which are devoted to heavy maintenance and avionics.