Skyservice Expands Award-Winning Service at Pearson International Airport

TORONTO, Jan. 16, 2018 (GLOBE NEWSWIRE) -- Skyservice Business Aviation, Canada's leading provider of business aviation services for more than 30 years, today announced a partnership with Ontario-based RICE Group to begin construction of new facilities under a 25-year lease to provide fixed-base operations and aircraft management and maintenance services at Pearson International Airport (CYYZ).

Internationally recognized for delivering a first-class experience to travellers across Canada, Skyservice is pleased to be expanding and further improving its presence in Toronto, continuing an award-winning commitment to exceptional service, safety and convenience for customers.

The new state-of-the-art facilities will consist of a 100,000 square-foot hangar and a 20,000 square-foot, full-service passenger lounge, including a modern business centre. The new facilities will feature a high efficiency sustainable design, strengthening Skyservice's position as a top North American FBO.  The new facilities are located on Convair Drive at the south end of Pearson International Airport, and are expected to be completed by February 2019.

"Skyservice is an essential part of Canada's aviation infrastructure network and we are delighted to be expanding to serve more customers and passengers in the Toronto area," said Marshall Myles, Chairman and Chief Executive Officer, Skyservice. "With its reputation for excellence and diversified service offering, Skyservice is well positioned to capitalize on multiple organic growth and acquisition opportunities."

RICE Group is a prominent commercial and industrial developer with a clear vision for value, growth and a proven track record of executing on its project strategies. RICE Group manages a portfolio of 3.2 mil sq. ft mainly in the Greater Toronto Area.

About Skyservice
Skyservice is a dynamic Canadian aviation organization that is dedicated to the core principles of safety and service. With over 30 years of experience, Skyservice is the leader in the Canadian business aviation market. With a diverse team of aviation experts and a commitment to exceptional service and outstanding levels of safety, Skyservice has earned its world-class reputation for excellence in aviation. At each of its four FBO locations in Toronto, Calgary, Montreal and Ottawa, Skyservice is dedicated to a full range of business aviation services, leading the industry in each of the following core business competencies: Aircraft Management, Charter, FBO, Aircraft Maintenance, Aircraft Sales and Brokerage. Visit www.skyservice.com today to learn more.

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Sarah Borg-Olivier
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