3/5/2014

Signature Flight Support signs agreement to acquire Metro Flight Services at Detroit Metropolitan Wayne County Airport (KDTW)

Signature Flight Support, a BBA Aviation company, announced today that it has signed an agreement to acquire the FBO assets of AFCO/Quantem FBO Services DTW, LLC d/b/a/ Metro Flight Services at Detroit Metropolitan Wayne County Airport (KDTW). Metro Flight Services provides fueling, ground handling and FBO services to commercial airlines and business and general aviation operators.

Historically, Signature’s sister company, Aircraft Service International Group (ASIG), has provided FBO, fueling and ground handling services for business and general aviation in addition to its commercial fueling and handling at the airport. Post-acquisition, Signature will provide all FBO services and ASIG will continue to provide commercial fueling and ground handling services at DTW.

Signature will renovate one of the executive terminals that was part of Metro Flight Services’ leasehold. In the interim, FBO services will be provided at ASIG’s current FBO location.

Maria Sastre, President and Chief Operating Officer of Signature Flight Support commented on the acquisition, “Signature’s acquisition of Metro Flight Services provides our customers all of the benefits of the Signature network in one of the most important cities in the United States for business and general aviation. With ASIG providing exceptional ground handling and fueling for our commercial customers, and Signature bringing its world-class service to bear for business and general aviation, each of the more than 30 million passengers that transit Detroit will be well served by two leaders in flight support.”

Commenting on the acquisition, Chuck Stipancic, President and CEO of Aviation Facilities Company, Inc., which owns Metro Flight Services, said, “We are excited about Signature’s acquisition of Metro Flight which will now bring the Signature brand to the Detroit marketplace. The acquisition presents a tremendous opportunity for our customers, employees and the airport to become part of a truly global network and to build on the exceptional foundation that Metro Flight has established and position it for future growth.”

Detroit Metropolitan Wayne County Airport (KDTW) is one of the busiest airports in the United States and among the world’s largest air transportation hubs. DTW is a major base of operations for 14 passenger airlines including four foreign flag carriers.