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Growing service provider chain Vantage Aviation has completed its acquisition of the distressed Corporate Air FBO at Pittsburgh Allegheny County Airport (KAGC). Corporate Air’s ownership had faced cash flow challenges in recent years, and Vantage had supplied financial support for the former as it filed for Chapter 11 bankruptcy protection last year.
As part of its restructuring plan, approved by the U.S. Bankruptcy Court for the Western District of Pennsylvania, Vantage became the new equity holder for the company and its subsidiaries on January 2.
The rebranded facility includes nearly 110,000 sq ft of hangars that can accommodate the latest ultra-long-range business jets, as well as an 11,600-sq-ft FBO terminal and more than 24,000 sq ft of office space. Vantage—which plans to launch a $2 million renovation of the facility this year—also acquired Corporate Air’s Part 135 certificate and Part 141 flight school as part of the court ruling.
Founded by industry veteran Ryan Maxfield and backed by Jadian Capital, Vantage made its debut as an FBO brand in late 2024. This marks the company’s sixth facility, with a seventh under construction.
“The acquisition of the Corporate Air FBO at Allegheny County Airport represents an important milestone for Vantage Aviation,” said CEO Maxfield. “KAGC is a critical business aviation airport, and this transaction allows us to strengthen our presence in a market with sustained demand from corporate, charter, and owner-flown operators.”