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Announced

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Modern Aviation completed the acquisition of Puerto Rico FBO from Benitez Aviation.

Synopsis

Modern Aviation, a network of premium FBO properties, completed the acquisition of Puerto Rico FBO, a company dedicated to providing exclusive concierge services, from Benitez Aviation, an aircraft management company. Financial terms were not disclosed. “We are excited to continue growing our presence in San Juan and our investment at TJIG where we have several exciting development projects underway. We have been impressed by the business Benitez Aviation has built here and look forward to supporting their continued growth by providing the world class service and safety that Modern offers,” Mark Carmen, Modern Aviation CEO.

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