Signature Flight Support has acquired SEA Prime’s minority interest in Signature Flight Support Italy (SFS Italy).
Following its initial investment in SFS Italy in 2016 and having now acquired SEA Prime’s 40% minority interest, the deal means that Signature Flight Support now fully owns the Italian business.
Chiara Dorigotti, SEA Prime’s CEO, said: “We are glad to announce this deal with Signature Flight Support, which we see as the natural development of a successful 4-year partnership. SFS Italy will continue to operate at Milano Prime’s premises offering top quality services for customers and operators.”
Meanwhile, Mark Johnstone, CEO Signature Aviation, stated the acquisition shows “our commitment to growing our business in Italy and other key markets around the world.” He added, “We are proud to fully incorporate the Italian business into the Signature family and offer our customers premier choices for flight support services throughout the country. We are also thankful to SEA Prime for their strong partnership, which dates back to our entry into the Italian market back in 2016.”
SFS’s network in Italy is comprised of: FBOs at Milan Linate, Milan Malpensa and Rome -Ciampino. It also includes trip support arrangements at Bergamo, Catania, Florence, Naples, Palermo and Pisa. Additionally SFS maintains a Signature Select FBO partnership agreement at Venice Marco Polo.