Modern Aviation has acquired Gateway USA, which operates one of the two main FBOs at Boeing Field (KBFI) in Seattle.
The Seattle facility, which will be rebranded as Modern Aviation in the first quarter of 2019, is the third FBO acquisition in less than 12 months for Modern Aviation, an FBO platform backed by Tiger Infrastructure Partners.
The FBO offers more than 65,000ft² (6,000m²) of hangar space, 18,000ft² (1,700m²) of terminal and office space, and aircraft MRO services via its Part 145 Repair Station.
Gateway is also the exclusive authorized dealer and service center for Quest Kodiak in the Pacific Northwest region. Gateway has received its IS-BAH stage II registration.
Mark Carmen, CEO at Modern Aviation, said, “Gateway is known for its outstanding customer service, commitment to safety, and its pool of talented employees, making it a perfect fit for the Modern Aviation platform.
“Gateway will continue to be led by general manager Chuck Kegley and his dedicated Seattle team who will continue to deliver the same level of service that customers experience today.
“Seattle is a highly attractive, growing general aviation market, and we plan to develop Gateway’s additional leasehold directly adjacent to its current facility in 2019 by building 48,000ft² [4,460m²] of additional hangar and office space to service growing demand in the region. Additionally, we look forward to providing industry best practices through Gateway’s team of dedicated employees to benefit all stakeholders at Seattle’s Boeing Field.”
Joe Clark and Clay Lacy, co-founders of Gateway, added, “Gateway, which has been operating at Boeing Field since 2003, has delivered outstanding customer service through our exceptional team of employees. Modern Aviation is well positioned to build on our success at Boeing Field and to further develop the business to reach its full potential. We are confident that Modern will provide a great home for the team and our loyal customer base.”
Modern Aviation’s strategy is to acquire and develop FBO operations in growth markets.