Skyservice Business Aviation has completed its investment in Fontainebleau Aviation's FBO at Miami Opa-Locka Executive airport. Additionally, customary approvals for its investment in a new FBO at Fort Lauderdale-Hollywood International airport, currently under development by Fontainebleau Aviation, are still underway.

"The completion of this transaction marks the beginning of an exciting chapter for Skyservice as we continue our expansion to better meet the needs of our clients and the growing demands of our industry," says president and CEO Benjamin Murray. "Together, we are well positioned to accelerate growth across our platform while enhancing our customers' travel experiences. Fontainebleau Aviation's Opa-Locka FBO is a welcome addition to our portfolio of 11 FBOs across North America and a beacon of personified luxury in business aviation."

The Fontainebleau Aviation FBO at Opa-Locka, the eighth-busiest US airport, is located near downtown Miami and provides premier services for business aviation travellers with approximately 270,000sq ft of hangar space, an executive terminal and office facilities.

"We are thrilled to partner with Skyservice, beginning with our premier Miami location at Opa-Locka," says Fontainebleau Development chairman and CEO Jeffrey Soffer. "As we focus on expanding our portfolio of premier destinations and one-of-a-kind luxury experiences, Skyservice is the ideal steward and partner due to its strong pedigree and reputation for excellence in the industry."