[JYO] Dubai Company Takes Over As Airport FBO

_http://www.leesburg2day.com/articles/2007/08/22/news/fp826aiport082207.txt_ 
(http://www.leesburg2day.com/articles/2007/08/22/news/fp826aiport082207.txt) 
 
Landmark Aviation, the company that has been running the corporate jet  
operation at Leesburg Airport, was recently acquired and as of the first of the 
 
month, Dubai Aerospace Enterprise is officially in charge.

Upon closing  the acquisition Aug. 1, DAE Chairman HH Sheikh Ahmed bin Saeed 
Al Maktoum, said  in a release, "The closing of this acquisition is an 
important step forward in  the business and investment relationships between 
Dubai, 
the United Arab  Emirates and the United States."

"This is a significant step forward in  our strategy which reinforces the 
progress that DAE has achieved so far, and for  sure it will not be the last 
one," Omar Bin Sulaiman, managing director of DAE  wrote in the statement.

Leesburg Airport Director Tim Deike said he was  not concerned with the 
acquisition and that the Landmark representatives told  him it was "business as 
usual" at the airport.

Airport Commission  Chairman Dennis Boykin said "it's no big deal," adding 
that the Dubai company  would sell off the fixed base operators, or FBOs, as 
part of the merger  agreement.

In addition to being the FBO at 33 airports  nationally--Leesburg, Dulles and 
Los Angles are just three of them--Landmark  operates a large Maintenance, 
Repair and Overhaul operation, which is what is  reported to be the primary 
interest to DAE. 




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