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Heritage Aviation acquires Atlantic Aviation’s Burlington FBO

first_imgHeritage Aviation, Inc.,Heritage Aviation, Inc has acquired the Atlantic Aviation FBO (Fixed Based Operator) at Burlington International Airport (KBTV). Operations at the location will be managed under the Heritage Aviation brand.  Transient general aviation aircraft will be handled at Heritage Aviation’s existing South Ramp Facility. Heritage Aviation now offers nearly 100,000 square feet of heated hangar space. The acquisition is effective today. It will boost employment at Heritage by 20 to 120. Julia Atherton, Public Relations Manager at Heritage, said there was some reduction in employment at Atlantic, which should be more than made up as Heritage continues to grow. She said Heritage has added 65 people in the last five years.Atherton said the former Atlantic facilities will remain open and be used to serve the Burlington Airport-based tenant aircraft community. She said only the transient general aviation aircraft will be directed to the facilities off Williston Road, where the Heritage facilities are accessed.She said terms of the deal will not be released.Meanwhile, Atlantic owner, Macquarie Infrastructure Company (NYSE: MIC), said in a statement that it had divested its BTV and Hayward, California, operations, saying they were “sub-scale.” Atlantic, it said, is negotiating the acquisition of additional US-based FBOs. Proceeds from the sales of the Hayward and Burlington operations will be retained to fund a portion of these acquisitions, should negotiations result in a purchase agreement.‘Atlantic concluded that its operations at each of Hayward and Burlington were sub-scale relative to their markets. Selling the FBOs at these airports provides Atlantic with an opportunity to pursue expansion into regions they believe have stronger growth prospects,’ added Hooke.Following the announcement of the sales, MIC reaffirmed its full-year guidance for Atlantic of EBITDA (earnings before interest taxes depreciation and amortization) of between $125 and $130 million.Atlantic operates the largest network of fixed base operations in the U.S. and opened its newest facility at Will Rogers Airport in Oklahoma City on June 21st.About Heritage AviationHeritage Aviation is a Burlington, Vermont based diversified aviation services Company providing FBO, Maintenance and Avionics, Charter and Aircraft Management.  The FBO division provides 24/7 ground handling, fueling, deicing and related aviation support services and is ideally situated as an international technical stop with U.S. Customs on-site.  The Company’s Diamond Award winning FAA certified repair station has provided aircraft maintenance and avionics services continuously for twenty-five years.  The Company’s charter division, Heritage Flight, operates aircraft globally and domestically.  Heritage Aviation operates a LEED Gold certified general aviation facility, including on-site renewable energy, as part of a commitment to environmental sustainability.About Macquarie Infrastructure CompanyMacquarie Infrastructure Company owns, operates and invests in a diversified group of infrastructure businesses providing basic, everyday services, to customers in the United States. Its ongoing businesses consist of three energy-related businesses including a gas production and distribution business (The Gas Company in Hawaii), a controlling interest in a district energy business (District Energy), and a 50% indirect interest in a bulk liquid storage terminal business (International-Matex Tank Terminals). MIC also owns and operates an aviation-related airport services business (Atlantic Aviation). The Company is managed by a wholly-owned subsidiary of the Macquarie Group. For additional information, please visit the Macquarie Infrastructure Company website at www.macquarie.com/mic(link is external).  July 1st, 2011 – Burlington, VT ‘Heritage Aviation, Inc . MIC.last_img read more

Commercials looking forward to facing Killenaule in Semple

first_imgPhoto © Tipp FM Clonmel Commercials return to what’s been a happy hunting ground for them this weekend in the County Senior Football final.They take on Killenaule who have reached their first ever senior football decider.In contrast Commercials have won 16 titles. Selector Martin Quinlivan says having the football showpiece in Semple is the right decision.Throw-in is at 3.30 on Sunday afternoon at Semple Stadium – Tipp FM will have live coverage in association with Arrabawn Tyone Mill, Nenagh.+++last_img read more

HUGE MEETING TO HEAR HOW DEFECTIVE BLOCKS HAVE WRECKED HOMEOWNER’S LIVES

first_imgDamien Mc Cauley demonstrates how weak the blocks are from his house built in 2006 . all the out wall have to be replace at his family home, and his family had to be moved out. Photo Brian McDaidA large crowd is expected at a meeting arranged for tonight to discuss the cracking and crumbling of homes acros Donegal as a result of defective blocks.Hundreds of householders are expected to attend the meeting which has been organised by the Micra Action group.The first public meeting held on the widespread cracking and crumbling of homes across the county caused by defective building blocks will be held at the An Grianan Hotel in Burt at 7.30pm. Damien Mc Cauley demonstrates how weak the blocks are from his house built in 2006 . all the out wall have to be replace at his family home, and his family had yo be moved out. Photo Brian McDaidThe meeting organised by the Mica Action Group, which is campaigning for a redress scheme from the government, is urging all homeowners affected or those interested in finding out more about this issue to attend the meeting to discuss the situation with the group and some experts.A number of Donegal TD’s and elected representatives will also be there to listen and to talk to those affected.Chairperson of the Micra Action Grpup, William McElhinney said the meeting wil hear foirst-hand how people’s live have been destroyed by the defective blocks.“This meeting will help us send a very strong message to Dublin that this problem is widespread and is having a devastating impact on the lives of affected homeowners across the County. “The Government do not believe this to be a major problem in Donegal and yet every day we are receiving calls and emails from people who are very worried that their homes are cracking and may also be built with defective blocks.“This public meeting is a great opportunity to create awareness of what we have been doing and to enable affected homeowners to talk about the devastating impact this has had on their lives. It also offers us an opportunity to provide information and to answer some of the key questions and concerns that affected homeowners may have.”The meeting will also give the Mica Action Group an opportunity to present some of the key findings from its own survey of affected homes.Political Representatives, County Councillors and the County Manager, Seamus Neely, have also been invited.* The Mica Action Group was formed earlier this year by individuals whose homes are cracking due to defective blocks. The objective of the group is to seek a redress scheme from the government for homeowners affected by this issue. The group has engaged with government on a local and on a national level and are demanding that an independent panel be set up to determine the exact scale and the cause of the problem in the county. HUGE MEETING TO HEAR HOW DEFECTIVE BLOCKS HAVE WRECKED HOMEOWNER’S LIVES was last modified: November 17th, 2014 by StephenShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)Tags:blocksdefectivedonegalmeetingMicra Action grouplast_img read more