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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

NFL hopefuls participate in USC Pro Day

first_imgUSC hosted their annual Pro Day Wednesday afternoon at Cromwell Field, and the entire NFL came to the party.  Representatives from all 32 NFL teams made an appearance to see how the former Trojans would stack up performing a variety of on-field drills and workouts.Fifteen former Trojans worked out for the NFL scouts.  Major contributors from the 2014-2015 football season were on display from all three sides of the ball.  Offensive players included wide receivers Nelson Agholor and George Farmer,  and running back Javorius “Buck” Allen.The defensive side of the ball was just as stacked, if not more so, with showing from defensive backs Gerald Bowman and Josh Shaw, linebacker Hayes Pullard, and defensive linemen J.R. Tavai and Leonard Williams.Farmer was perhaps the most surprising participant of Pro Day.  Farmer, a junior, was faced with substantial criticism when he decided to forgo a senior season.  Farmer had an injury-plagued career in which he only caught 30 total passes.“I’ve been through a lot of adversity, a lot of coaching changes here, so I just felt like the NFL was a great opportunity for me,” Farmer said. After not being invited to the NFL Combine, Farmer attended a regional combine where his numbers attracted some buzz, but not the serious looks he will be getting following Wednesday’s performance.  Farmer ran a blistering 4.35 in the 40-yard dash, which would have been good enough to tie for third fastest in the position at the combine.“It took a bunch of weight off my shoulders,” Farmer said.Another prominent Trojan Wednesday was defensive back Josh Shaw.  Shaw was part of a dramatic off-field season for the Trojans.  After lying about the source of two ankle injuries, Shaw missed nearly the entire season, and was suspended for 10 games.  Shaw’s actions have been of some concern for NFL scouts, but Shaw said that he is confident in his chances to be drafted.“I look them in the eye and tell them the truth — tell them everything that happened,” Shaw said. “And let them know that the mistake I made was really out of character and, most importantly, that I’ve learned from it.”Shaw’s performance Wednesday was strong — he ran a 4.44 40-yard-dash time and benched 225 pounds 26 times.Leonard Williams, a fan favorite, is a projected top-5 pick in the draft.  Williams impressed all the scouts as he competed in various position drills.  He was even given a private workout by the Tennessee Titans, who sent their defensive line coach specifically to look at Williams.Williams and the other top prospects from USC will now take part in private workouts that they have scheduled with various teams, and await their fortune in the NFL draft, which starts on April 30.last_img read more