Signature aquires TAG FBOs in Switzerland

[pabely]

https://www.aviationpros.com/fbos-tenants/press-release/21148799/signature-flight-support-signature-flight-support-purchases-tag-aviation-fbo-sa-acquiring-fixed-base-operator-locations-in-geneva-and-sion
What does that leave TAG in Europe?

[FLEXJET]

They still manage some bizjets through their G-, T7- and 9H- AOCs, plus all the VP-, M-, N registered, etc...

In other words, they kept the less profitable business...

[Richard101]

How long before that 'air' business also goes to some other operator?
Looks like TAG will be no more by the time 2021 rolls around.

[pabely]

So they have Macau & Farnborough left as FBOs, do you think Signature will pick these up?

[Richard101]

So they have Macau & Farnborough left as FBOs, do you think Signature will pick these up?

Farnborough airport was sold back in October... https://www.flightglobal.com/business-aviation/tag-farnborough-sold-to-macquarie-infrastructure-and-real-assets-/134544.article

[Privatejetbroker]

reportedly Steven Hao Ran YOUNG (primary shareholder of TAG Asia & TAG Macao FBO) has purchased the Europe AOC's & TAG training, although companies house still shows the Ojjeh's at the helm of TAG UK

We will see...

[Richard101]

There it goes...

https://www.corporatejetinvestor.com/articles/tag-aviation-group-sells-charter-offering-to-t-aviation-europe-943/