Igneo expands US aviation platform with FlightServ acquisition
All Press releasesNew York and Charleston, 20 August 2026: Igneo Infrastructure Partners (Igneo), a global infrastructure investment manager with US$29.7 billion of assets under management,1 today announced it has acquired the fixed base operations (FBO) of FlightServ, at Trenton-Mercer Airport (TTN) in Trenton, New Jersey, through its Infinity Aviation Group (Infinity Aviation) platform.
This transaction represents the third location and second bolt-on acquisition for Infinity Aviation, Igneo’s FBO platform within its North American strategy, focused on the consolidation of on-airport infrastructure businesses in attractive and growing United States (US) markets.
FlightServ operates a portfolio of on-airport general aviation assets at TTN, including fueling services and approximately 80,000 square feet of modern, purpose-built hangarage completed in 2023. The business is well positioned in the attractive New York metropolitan general aviation market, serving a growing community of business jet operators. The acquisition also includes a development parcel that Infinity Aviation plans to transform into modern hangarage at scale.
John Ma, Partner and Co-Head at Igneo in North America, said : “This acquisition is an important next step for Infinity Aviation and aligns closely with Igneo’s strategy to invest in essential infrastructure businesses with strong market positions and long-term growth potential.
“Demand for quality general aviation hangar infrastructure across the US continues to grow, and exceed supply, particularly in the New York metropolitan area. The facilities at Trenton provide Infinity Aviation with a modern, well-located base in that market, and significant hangar expansion capacity. We’re looking forward to working alongside the team at Trenton to invest in the business, support its growth and continue to deliver for its customers over the long term.”
Steven Levesque, Chief Executive Officer of Infinity Aviation, said: “FlightServ is exactly the kind of business we set out to acquire when we launched the Infinity Aviation platform with Igneo: a well-run operation at a strategically located airfield, with real room to grow across the New York and Philadelphia markets. We are pleased to welcome the FlightServ team to Infinity, and we look forward to working alongside them, the airport and the wider Trenton aviation community as we continue to build an industry-leading general aviation services business.”
1 As at 30 June 2026
About Igneo Infrastructure Partners
Igneo is an autonomous investment team in the First Sentier Group. It invests in high-quality, mature, mid-market infrastructure companies in renewables, digital infrastructure, waste management, water utilities and transportation / logistics sectors in the UK, Europe, North America, Australia and New Zealand. Operating since 1994, the team works closely with portfolio companies to create long-term sustainable value through innovation, a focus on ESG and proactive asset management.
Igneo manages US$29.7 billion worth of assets (as at 30 June 2026) on behalf of more than 200 investors around the world.
About Infinity Aviation
Infinity Aviation Group (Infinity Aviation), is Igneo’s fixed based operator (FBO) platform which was established in 2025 through its North American Infrastructure strategy, and in partnership with founder, Steven Levesque. Infinity Aviation provides essential aviation services and infrastructure for general aviation, business and air cargo customers in the United States. The company seeks to acquire and develop high-quality businesses and assets including FBOs and aircraft hangars in growing general aviation markets.
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In Hong Kong, this press release is issued by First Sentier Investors (Hong Kong) Limited and has not been reviewed by the Securities and Futures Commission in Hong Kong. In Singapore, this press release is issued by First Sentier Investors (Singapore) whose company registration number is 196900420D. This press release has not been reviewed by the Monetary Authority of Singapore.
First Sentier Investors, FSSA Investment Managers, Stewart Investors, Realindex Investments and Igneo Infrastructure Partners are the business names of First Sentier Investors (Hong Kong) Limited. First Sentier Investors (registration number 53236800B), FSSA Investment Managers (registration number 53314080C), Stewart Investors (registration number 53310114W), Realindex Investments (registration number 53472532E) and Igneo Infrastructure Partners (registration number 53447928J) are the business divisions of First Sentier Investors (Singapore).
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