Modern Aviation to acquire Hill Aviation from Tommy Hill and VRM Companies.

Modern Aviation, a company that is building a national network of premium FBO properties, agreed to acquire Hill Aviation, a Million Air franchisee, from Tommy Hill, a private investor, and VRM Companies, a real estate and private equity conglomerate. Financial terms were not disclosed. "Hill Aviation, which has been operating at Isla Grande Airport for more than 30 years, has delivered outstanding customer service through our exceptional team of employees. Modern Aviation is well positioned to build on our success at Isla Grande and to further develop the business to reach its full potential. I look forward to working with Modern Aviation to continue to provide a base of operation for our Propilot business and customers. We are confident that Modern will provide a great home for our Hill Aviation team members and our loyal customers," Tommy Hill, Hill Aviation CEO.