flyingpotato
Well-Known Member
Unsurprising.
Signature Aviation To Expand KIAD Facility with Dulles Jet Center Buy | AIN
"Signature Aviation has signed an agreement to purchase Dulles Jet Center (DJC), a major private aviation hangar complex at Washington Dulles International Airport (KIAD). Signature operates one of the two FBOs on the field. The transaction is expected to be completed by the end of this month.
The DJC campus consists of 197,000 sq ft of hangar space, office space, and a luxury passenger lounge. It made news in 2010 when a massive snowfall collapsed the roofs of three of its hangars. They were later rebuilt while the insurance battles over the damaged and destroyed business jets within raged for years. The move will bring Signature to 194,000 sq ft of hangar space—capable of handling the latest ultra-long-range business jets—at KIAD, along with added office and shop space.
In June, Sky Harbour announced that it would be installing a luxury turnkey 136,000-sq-ft private hangar complex at KIAD with its own fuel farm for tenants, a move which some in the industry suggest may have been a factor in DJC ownership’s decision to sell.
“We’re excited to welcome Dulles Jet Center into the Signature Aviation family,” said Signature CEO Tony Lefebvre. “This is a great opportunity to bring together two companies that have operated as neighbors over the years and are committed to delivering exceptional hospitality to our guests and residents.”
Signature Aviation To Expand KIAD Facility with Dulles Jet Center Buy | AIN
"Signature Aviation has signed an agreement to purchase Dulles Jet Center (DJC), a major private aviation hangar complex at Washington Dulles International Airport (KIAD). Signature operates one of the two FBOs on the field. The transaction is expected to be completed by the end of this month.
The DJC campus consists of 197,000 sq ft of hangar space, office space, and a luxury passenger lounge. It made news in 2010 when a massive snowfall collapsed the roofs of three of its hangars. They were later rebuilt while the insurance battles over the damaged and destroyed business jets within raged for years. The move will bring Signature to 194,000 sq ft of hangar space—capable of handling the latest ultra-long-range business jets—at KIAD, along with added office and shop space.
In June, Sky Harbour announced that it would be installing a luxury turnkey 136,000-sq-ft private hangar complex at KIAD with its own fuel farm for tenants, a move which some in the industry suggest may have been a factor in DJC ownership’s decision to sell.
“We’re excited to welcome Dulles Jet Center into the Signature Aviation family,” said Signature CEO Tony Lefebvre. “This is a great opportunity to bring together two companies that have operated as neighbors over the years and are committed to delivering exceptional hospitality to our guests and residents.”
