Signature Aviation has agreed to acquire Dulles Jet Center, enhancing its operational capacity and service offerings at Washington Dulles International Airport.

Information on the Target

Signature Aviation, the largest private aviation terminal operator globally, has announced its acquisition of Dulles Jet Center (DJC), a premier corporate hangar facility situated at Washington Dulles International Airport (IAD). This state-of-the-art facility encompasses approximately 197,000 square feet of hangar space, Class A office accommodations, and a luxury passenger lounge designed to provide a top-tier experience.

The acquisition aims to meld Signature's existing operations with DJC's impressive offerings, thereby enhancing service delivery and operational efficiency. DJC has built a reputation for excellence in the corporate aviation sector, which aligns well with Signature's commitment to high-quality, safe, and secure aviation operations.

Industry Overview in the Target’s Specific Country

The private aviation industry in the United States continues to thrive, supported by a growing demand for business travel and executive services. As corporations increasingly rely on private aviation for flexibility and effic