[JYO] Dubai Company Takes Over As Airport FBO
- From: FlyboyEd@xxxxxxx
- To: jyo@xxxxxxxxxxxxx, dcpilots@xxxxxxxxxxxxxxx
- Date: Wed, 22 Aug 2007 22:55:18 EDT
_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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