Story ID: 743NiceSkyValetEBACE16
Sky Valet Makes Major Buy
By: Curt Epstein
Caption: The French service provider adds 10 locations to its nework with the purchase of Portuguese network Jetbase
Word Count: 193
Sky Valet, the FBO and ground-handling network owned by Aéroports de la Côte d’Azur (Booth E035), has expanded its business with yesterday’s announcement that it has acquired Portuguese service provider Jetbase. The move gives Sky Valet FBOs at all the main Portuguese airports such as Lisbon, Porto, Faro, Cascais, and Beja, along with ground handling operations on the islands of Madeira, Azores and Cape Verde. It also includes handling businesses in Mozambique and Angola. 
  
Combined, Jetbase sees approximately 4,000 movements a year. That together with the 58,000 operations typically logged by Sky Valet at its 18 locations including Paris Le Bourget, Cannes, Madrid and Barcelona, makes the company one of the largest service providers in Europe. 
  
At all the new locations, Sky Valet will keep the staff intact, according to Aéroports de la Côte d’Azur director Michel Tohane. “Our strategy is simple, to create and build up a network,” he told AIN, adding the company only considers prime locations for general aviation. “As long as we can bring added value to the network, we will continue to grow. The sky’s the limit.”