By Brazil Stock Guide – JHSF Participações SA is taking its first step into international executive aviation services with the acquisition of Embassair, a Miami-based fixed-base operator at Opa-locka Executive Airport, one of the busiest hubs for private aviation in the U.S.
Embassair provides ground services for private jets, including passenger handling, fueling and hangar space. It operates as an FBO, a key segment in executive aviation that supports aircraft without owning planes or airports. The company did not disclose the value of the transaction.
“This is the first step in our international expansion in this type of business,” Chief Executive Officer Augusto Martins said. “As we have expanded other businesses, this is also important. The acquisition opens doors for other flights and potential FBO acquisitions at major international executive airports.”
The acquisition builds on JHSF’s experience operating Catarina Executive Airport in São Roque, São Paulo state, which opened in 2019. The facility is currently undergoing its sixth expansion, with plans to add three new hangars, bringing the total to 19, and expand apron capacity.
“The Catarina Airport is already the largest FBO in the world, with more than 200 aircraft hangared with us,” Martins said.
In the near term, JHSF plans to integrate Embassair into its luxury-focused service model. One of the initial steps includes implementing an international immigration system at the Miami terminal, allowing passengers to complete border procedures on-site.
Opa-locka Executive Airport is strategically located about 30 minutes from downtown Miami and major beachfront areas, and already serves as a frequent destination for flights departing from Catarina, with multiple international connections.
Martins said the acquisition will also serve as a showcase for JHSF’s broader luxury ecosystem, which includes Fasano-branded hotels and restaurants, high-end real estate developments and premium shopping centers.
“This acquisition also contributes to building an integrated platform with relevant assets in Brazil and abroad,” he said.
The deal follows JHSF’s expansion into maritime luxury services last year, when it acquired a majority stake in yacht charter company BYS International. The Embassair transaction was structured through JHSF Capital FBOs Fund LP, an international vehicle managed by JHSF Capital, with the company as the main investor.
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