Paragon Aviation deal takes Luxaviation to 140 FBOs

Patrick Hansen

Luxaviation has closed the acquisition of Fixed Base Operator (FBO) chain Paragon Aviation Group. It means that Luxaviation now has 140 FBOs. Crystal Kubeczka has been appointed president of Paragon Aviation.

The transaction follows on from Luxaviation’s acquisition of Sky Valet earlier this year which added 17 FBOs.

“Our continued expansion in the global FBO market offers a compelling alternative to the major networks, ensuring premium service and comprehensive offerings for operators worldwide. Paragon Aviation Group, with their outstanding FBO services and esteemed industry reputation, enables us to strengthen our commitment to excellence and advance our strategic vision for growth,” said Patrick Hansen, CEO, Luxaviation Group.

Hansen created Luxaviation in 2008. He acquired a number of European operators including Germany’s Fairjets, Belgium’s Abelag, Unijet a French operator, London Executive Aviation in the UK, Portugal’s Masterjet, international operator ExecuJet and Starspeed a UK helicopter operator. In 2019 it sold most of the maintenance operations it acquired when it bought ExecuJet to Dassault Aviation.

Paragon Aviation was founded in 2011 and agreed a strategic partnership with Luxaviation in 2011.