Global aviation services provider Luxaviation Group today strengthened its ExecuJet FBO division with a blockbuster European acquisition. The Luxembourg-based company purchased the Sky Valet FBO chain—with its 17 owned locations in Spain and Portugal—from parent company Aéroports de la Côte d'Azur in a move that brings it to 40 locations worldwide. Counting Sky Valet’s Connect affiliate program adds an additional 25 FBOs to the ExecuJet network.
“This acquisition represents a pivotal moment for Luxaviation Group and our continued expansion in the global FBO market,” said CEO Patrick Hansen. “Together with SkyValet, we continue expanding the reach of the ExecuJet network and our ambition of sustainability, setting new benchmarks in the industry.”
Managing the integration will be Michel Tohane, president of Luxaviation’s FBO division. He is quite familiar with the Sky Valet brand, having served as its executive v-p before joining Luxaviation in 2021.
“Being one of the global leaders in the FBO industry provides us today not only with the opportunity to further grow regionally [but] we also have the ambition to push the green agenda of the group and of business aviation as an industry,” Tohane explained. “A recent example of Luxaviation’s commitment to transitioning towards more sustainable air transport is the provisioning of sustainable aviation fuel to its clients at its Paris Le Bourget FBO.”