For obvious reasons, aviation stocks have fallen into substantial decline. However, while some companies in aviation are struggling to stay solvent, FBOs should be robust, especially those catering to the BG&A industry. Signature Aviation (BBAVF) is the only publicly listed pick to give us exposure to this industry. Although their fueling services will have been at almost zero levels for several months in Q2, their real estate income which accounts for 30% of their revenue will be doing perfectly fine, as jets have no place to go but the hangars. Moreover, we think