NEW YORK and VANCOUVER, BC and MONTREAL, Jan. 8, 2026 /PRNewswire/ -- Vantage Group, a global leader in airport and transportation infrastructure development and management, today announced the acquisition of FSM Management Group (FSM), an industry-leading fuel and glycol infrastructure development and management company and aviation energy logistics company AvEnergy. The acquisition further positions Vantage Group as a leader in managing and modernizing aviation infrastructure for a more connected and sustainable future.Montreal-based FSM works on behalf of global airline partners developing, constructing and managing airport infrastructure required to ensure a safe, reliable, and secure supply of both jet fuel and de-icing services. The company provides administrative services to 12 aviation fuel consortiums and 4 glycol consortiums at 16 airports across Canada. FSM is also responsible for creating, implementing and managing comprehensive environmental management programs across all 16 airport locations.Supporting FSM's responsibility to professionally manage airline consortium owned aviation fuel infrastructure, energy logistics company AvEnergy delivers seamless and dependable management and operating solutions for mission-critical, off-airport infrastructure, serving commercial airlines, fuel suppliers, and airport partners."FSM and AvEnergy sit at the heart of the aviation ecosystem across the major Canadian airports with deep expertise in critical aviation infrastructure. This acquisition broadens our footprint beyond cargo and passenger operations across our global airport and terminal portfolio, expands our advisory service offering, and allows us to continue to future proof critical transportation infrastructure across the globe," said Sami Teittinen, Chief Financial Officer, Vantage Group

Ali Joins the Senior Leadership Team Managing Terminal 7 and Developing a New World-Class Terminal 6 at JFK AirportQUEENS, N.Y., July 15, 2024 /PRNewswire/ -- Vantage Group today announced the appointment of Karen Ali as Chief Operating Officer at JFK Millennium Partners (JMP), the Vantage-led company selected by the Port Authority of New York and New Jersey (PANYNJ) to manage JFK Terminal 7 and lead the development and operation of a new JFK Terminal 6, part of the PANYNJ's $19 billion transformation of JFK airport. Ali joins Vantage's senior leadership team at JFK with nearly 20 years of experience in operations management, project leadership, and business transformation across a range of sectors, including aviation.Reporting to Steve Thody, CEO of JMP, Ali will develop and deliver a world-class plan that prioritizes operational excellence, guest experience, and financial performance at the existing Terminal 7, and at the new Terminal 6 when its first gates open to passengers in 2026. Key responsibilities include leading the delivery of outstanding safety, security and operational performance, delivering an exceptional and seamless experience to all project stakeholders, maximizing commercial revenue through aeronautical and non-aeronautical programs, and implementing processes and driving metrics for JMP and its partners."It's an exciting time to join our Vantage Group-JMP team as we enter a pivotal stage in T6's development while continuing to manage a very active and thriving Terminal 7 operation," said Steve Thody, CEO, JFK Millennium Partners. "Karen's extensive experience in operations management and business growth are an excellent fit for our $4.2 bn T6 transformation, and we couldn't be happier to have her onboard.""We warmly welcome Karen into her new role as COO at Vantage's latest airport terminal transformation," said George Casey, Vantage Group Chair and CEO, and Board Chair, JFK Millennium Partners. "Karen joins a growing and dynamic group of seasoned senior leaders that are transforming transportation experiences at Vantage Group's airport terminals, in the New York market and beyond.""I am excited to join the Vantage and JFK Millennium Partners team as we create a world-class new Terminal 6 at JFK," said Karen Ali, Chief Operating Officer, JFK Millennium Partners. "I look forward to contributing to the existing operational excellence and creating innovative guest experiences that will become hallmarks of our future 1.2 million square foot terminal."A key member of JMP's senior leadership team, Karen will oversee terminal operations, customer experience, budget and capital projects, risk management, and people leadership