JETSCAPE PLANS FBO EXPANSION

Oct 23, 2007 4:58 PM, By Marsha Barancik

Jetscape Services, the owner of one FBO at Ft. Lauderdale/Hollywood International Airport, is working on an acquisition plan that could take it into Latin America among other markets. This plan hinges on Jetscape's recent announcement that it is working with the Frost Group, LLC, a private technology investment company in Miami.

“We've taken on an additional capital partner,” says Troy Menken, Jetscape president. “We are presently in acquisition mode, and we are in negotiations with one chain of FBOs."

Florida also remains a viable investment market for Jetscape, Menken adds, as new resorts are boosting the number of business and leisure travelers flying through it.

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