Ross Aviation, the Colorado-based service provider chain backed by KSC Capital Partners, a private-equity firm specializing in luxury leisure and travel companies, has completed its acquisition of AirFlite, one of several service providers at California’s Long Beach Airport/Daugherty Field. AirFlite was the top-scoring FBO in AIN’s Annual FBO Survey for the past three years and a perennial top finisher for much of its more than quarter century of existence.
Previously owned by auto manufacturer Toyota, the facility at the Los Angeles-area airport consists of a four-story terminal with pilots' lounge, conference rooms, VIP lounge, flight-planning room, passenger atrium lobby, crew rest area, business center, and 132,000 sq ft of hangar space.
“We are excited about completing the purchase of the AirFlite FBO from Toyota Motor Sales,” said Ross Aviation CEO Jeff Ross. He told AIN that his company was interested in retaining the FBOs name, but Toyota decided not to include it in the sale.
The purchase marks the first for the company after the initial six that make up the reconstituted chain.