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Propeller Airports Plans Redevelopment at Paine Field
Propeller Airports today announced the acquisition of Castle & Cooke’s fixed based operation (FBO) at Paine Field in metro Seattle. The company also announced the formation of Propeller Aero Services, a new subsidiary that will focus on FBO development and operate the FBO at Paine Field.
“Our goal is to bring the same award-winning world-class service and operational excellence to our private aviation clients that our airline passengers have come to expect. This makes a tremendous amount of sense, given our understanding of the airport and our home market,” said Brett Smith, CEO of Propeller Airports.
Propeller’s planned investment in the redevelopment of current infrastructure including a new FBO terminal and hangar complex, along with ancillary facilities, will generate economic development for Snohomish County and benefit the airport and its users. As the region continues to grow, there is demand for additional infrastructure to serve the general/corporate aviation communities.
- ◦Sale/Acquisition
