Aircraft Service International Group, Inc.
ASIG Acquires Airport Group International, LLC (AGI
Orlando, Florida (ots/PRNewswire)
ASIG(R), an industry leader in aviation services, announced today that it has acquired Airport Group International, LLC (AGI), from TBI PLC. AGI is a U.S.-based provider of commercial aviation and airport facility support services.
AGI has been in operation for 75 years and serves 17 airports, primarily in the U.S. The company has sizable operations at Hartsfield-Jackson Atlanta (ATL), Charlotte (CLT), Ontario (ONT), Los Angeles (LAX), Honolulu (HNL), and Guam (GUM) International airports. AGI specializes in ground handling, cargo handling, passenger services, aviation fuel and airport facility services and represents an excellent strategic fit with ASIG's existing business portfolio.
"AGI's substantial ground and cargo operations will further enhance ASIG's ongoing growth in these areas and also significantly strengthen our leading position in the fuel services market," remarked Keith P. Ryan, President & CEO. "We view the acquisition of AGI as a key step in providing our customers with greater value and convenience by offering multiple services across our network."
ASIG has operated for over 55 years as one of the largest independent airfield services companies in the world. ASIG has substantial ground handling and fueling operations, with business units in 72 cities in North America, Europe and Asia, and ASIG employs 7,500 aviation service professionals. The company is pursuing aggressive strategies for Total Quality and service expansions in new cities.
ASIG is part of BBA Aviation Services Group, a division of BBA Group PLC, a publicly held corporation traded on the London stock exchange. The Group's companies are engaged in providing products and services to the aviation and specialty materials industries. BBA Aviation Services Group serves the world's business aviation, regional airline, helicopter and commercial aviation markets through its primary operating companies and their subsidiaries that in addition to ASIG include: Dallas Airmotive; Signature Flight Support; International Turbine Service; Barrett Turbine Engine Company; H+S Aviation; and Premier Turbines.
The Company from time to time may discuss forward-looking information. Except for the historical information contained in this release, all forward-looking information are estimates of the Company's management and are subject to the various risks and uncertainties that are beyond the Company's control and may cause results to differ from management expectations.
Web site: http://www.asig.com
Contact:
Dan Sellas, VP, Marketing & Business Development of Aircraft Service
International Group, Inc., +1-407-648-7373