Banyon acquires Cav-Air at Fort Lauderdale Exec

Banyan Air Service president Don Campion announced earlier this year his FBO has acquired the assets and adjoining leasehold formerly owned by Cav-Air at Fort Lauderdale (Fla.) Executive Airport (FXE). The new real estate adds 35 acres of prime center-field area to Banyan’s existing 50 acres. Assets included in the deal were Cav-Air’s fixed-wing maintenance division, parts distribution business and line-service concession. Campion said, “The new center-field location, larger ramp area and additional fuel storage will complement our business, paving the way for a new terminal as the nerve center supporting one million square feet of hangars serving approximately 500 based aircraft.” Banyan has been in business for 22 years.