Lynx FBO Network (The Sterling Group) Acquires FTC FBO at Morristown Airport

Jet Aviation Acquires ASTONSKY FBO Operations at Paris-Le Bourget

August 1, 2025

Aerospace & Defense

Jet Aviation has acquired ASTONSKY's ground handling, hangarage and FBO operations at Paris-Le Bourget Airport in France. The acquisition expands Jet Aviation's EMEA FBO network and adds a flagship Paris-Le Bourget location offering handling, fueling, hangarage and passenger/crew services.

Modern Aviation Acquires Three Northeast FBOs

October 13, 2022

Aerospace & Defense

Modern Aviation has executed a definitive purchase agreement to acquire Mystic Jet Center, LLC (Groton–New London Airport, Groton, CT), Columbia Air Services-BHB, LLC (Hancock County–Bar Harbor Airport, Trenton, ME) and Columbia Air Services-RUT, LLC (Rutland Southern Vermont Regional Airport, Rutland, VT) from their two owners. The deal — expected to close in Q4 2022 — adds more than 161,500 square feet of leasable hangar and office space, retains all employees and expands Modern Aviation’s FBO network to 16 locations; Modern Aviation is backed by Tiger Infrastructure Partners.

Modern Aviation Acquires Sheltair FBO Operations at Francis S. Gabreski (FOK) and Republic (FRG) Airports

September 1, 2022

Aerospace & Defense

Modern Aviation has closed the acquisition of the fixed-base operator (FBO) assets and operations at Francis S. Gabreski Airport (FOK) in Westhampton Beach, NY and Republic Airport (FRG) in Farmingdale, NY from Sheltair Aviation. The deal expands Modern Aviation's Northeast footprint to 12 FBO locations and the company is backed by Tiger Infrastructure Partners.

Atlantic Aviation Acquires Lynx FBO Network

February 28, 2022

Transportation

Atlantic Aviation, a KKR-backed FBO operator, has acquired the Lynx FBO chain and its nine U.S. locations. The deal expands Atlantic’s network with new locations and former Lynx employees, supporting the company’s continued geographic growth and network consolidation.

Lynx FBO Network (The Sterling Group) Acquires Northstar Aviation FBO at Providence (PVD)

December 15, 2020

Transportation

Lynx FBO Network, a portfolio company of The Sterling Group, acquired the FBO assets of Northstar Aviation at Theodore Francis Green State Airport (PVD) in Providence, Rhode Island. The deal is an add-on that expands Lynx's Northeast / East Coast footprint, marking the company's ninth FBO location and continues Sterling-backed network consolidation in general aviation services.

Lynx FBO Network (The Sterling Group) Acquires Fort Lauderdale FBO from World Jet, Inc.

February 4, 2019

Transportation

Lynx FBO Network, a portfolio company of The Sterling Group, acquired the FBO assets of World Jet, Inc. at Fort Lauderdale Executive Airport (FXE) in Fort Lauderdale, Florida. Lynx — backed by The Sterling Group — plans significant investments including facility refreshes and development of a new FBO terminal as part of its South Florida expansion.