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Lynx FBO Network Acquires Fort Lauderdale FBO

World Jet Inc. Becomes Company's Seventh Location

Lynx FBO Network (Lynx) has acquired the FBO assets of World Jet, Inc. at Fort Lauderdale Executive Airport (KFXE) in Fort Lauderdale, Florida. The acquisition will mark Lynx's seventh FBO location.

"We see this expansion into the Florida market, and in particular South Florida, as an integral part of our growing network of FBOs. Lynx looks forward to working with the Fort Lauderdale Executive Airport, the city of Fort Lauderdale and the local FBO team to deliver a best-in-class service offering for our customers in the South Florida region," said Chad Farischon, President & Partner with Lynx.

In the coming months, Lynx will be making significant investments in the newly acquired facility, including a refresh of the facility grounds and the design and development of a new FBO terminal.

Lynx, a portfolio company of The Sterling Group, is a rapidly growing network of FBOs in the general aviation industry with locations in Destin, Florida, Minneapolis (Anoka), Minnesota, Portland (Aurora), Oregon, Little Rock, Arkansas, Napa, California, Pittsburgh, Pennsylvania and now Fort Lauderdale, Florida. The Lynx vision is to build a values-based FBO network known for exceptional service and quality, a rewarding team member experience, and a commitment to continuing excellence. The Lynx team is comprised of industry veterans who have worked together building FBO networks over many years, serving in management roles at numerous large FBO networks including Landmark Aviation, Atlantic Aviation and Trajen. Lynx and Sterling continue to actively seek FBO acquisitions in North America.

(Source: Sterling Group news release)

FMI: www.sterling-group.com

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