ADVERTISEMENT
Advertise Here

Office Hours

Denver’s Ross Aviation buying two Spokane firms, will combine them in 2012

A Denver company is buying two Spokane aviation service firms and will combine them into a single operation.

Ross Aviation is acquiring XN Air and Spokane Airways; both are fixed-base operators  — commercial companies offering fueling, maintenance, charter flights, training and cargo handling.

Jeff Ross, Ross’s CEO and president, said he’s been in touch for years with the Chastek family, owners of Spokane Airways. The Chasteks felt it was time to sell the business, started more than 40 years ago. But Ross said Spokane Airways by itself wasn’t large enough to warrant the purchase.

“I told them it would only make sense if I could also buy your competitor,” XN Air, Ross said.

Terms of the deal were not disclosed. Ross said he hasn’t yet closed the sale. An airport board meeting recently approved the transfer of leases from XN and Spokane Airways to Ross.

Ross said he hoped to complete the sale in the first quarter of 2012.

XN Air was started in 2004 by Spokane resident Al Hale and managed in recent years by his sons, John and Brian Hale. It primarily provides maintenance, installation and repair of aircraft electronics.

Ross Aviation has acquired more than 20 other commercial operators across the country and in Hawaii. Its website says a guiding strategy for acquisitions is to look for deals in rapidly growing regions.

Once the Spokane deals conclude, Ross said the Spokane operation will carry the name XN Air. In part that’s due to the modern, clean look that the Hales have developed at their Spokane Airport location.

Some staff consolidation will occur, but Ross said that decision hasn’t been made yet. 

Spokane Airways will continue to offer many of its existing services, including cargo handling for freight companies like UPS, said Ross. (Photo here is of John Chastek, vp of Spokane Airways.)


Please keep it civil. Don't post comments that are obscene, defamatory, threatening, off-topic, an infringement of copyright or an invasion of privacy. Read our forum standards and community guidelines.

You must be logged in to post comments. Please log in here or click the comment box below for options.

comments powered by Disqus
« Back to Office Hours

Get blog updates by email

About this blog

The Spokesman-Review business team follows economic development in Spokane and the Inland Northwest.

Sign up for our business email newsletter
Latest comments »

Read all the posts from recent conversations on Office Hours.

Contributors

John Stucke John Stucke is a deputy city editor who helps build local news coverage and writes about health care, bankruptcy and rural affairs.

Recent work by John

Alison Boggs Online Producer Alison Boggs posts and manages content on spokesman.com and its social networking accounts.

Recent work by Alison

Scott Maben Scott Maben is a Deputy City Editor who covers North Idaho news and higher education.

Addy Hatch is the city editor, and formerly was business editor.

Search this blog
Subscribe to this blog
ADVERTISEMENT
Advertise Here