50 SKY SHADES - World aviation news

Flexjet Buys UK-based FlairJet in Euro Expansion Bid

Download: Printable PDF Date: 03 Aug 2016 17:08 (UTC) categories:
Publisher:
Flexjet Buys UK-based FlairJet in Euro Expansion Bid - Finance publisher
Dana Ermolenko
Country: United Kingdom Aircraft: Airplanes
Source: AIN

Flexjet Ltd., the UK subsidiary of U.S. based Flexjet, today announced the acquisition of aircraft charter management firm FlairJet from Marshall Aerospace to expand the fractional provider’s footprint into Europe, using a fleet of eight Nextant 400XTis, as well as Flairjet’s existing fleet of seven managed jets. Flexjet, which revealed plans to enter the region this fall at EBACE, will operate aircraft under Birmingham Airport-based FlairJet’s UK CAA air operator certificate (AOC) in Europe.

Ray Jones, Flexjet’s managing director for international, told AIN that the company is retaining all FlairJet employees and managed aircraft. “FlairJet will continue to provide aircraft charter and management services during and even after its transition to the Flexjet brand,” he said, adding that that FlairJet was selected for its “excellent culture fit.”

Flexjet’s European fleet will be made available to North American-based Flexjet owners in need of point-to-point private jet travel within the region or to the Middle East or Africa. The European fleet will also be available on a charter basis to Flexjet customers based in Europe with intra-EMEA travel needs.

“Our acquisition of FlairJet enables us to operate a Europe-based fleet of aircraft within our system and consistent with Flexjet’s service and quality standards,” said Flexjet chairman Kenn Ricci.





Recommended

Introducing latest-generation TBM to a major business aviation market - Daher Aircraft delivers the first TBM 980 in Brazil

The first TBM 980 for a Brazilian customer delivered by Daher Aircraft, marking the introduction of this newest fast and efficient turboprop-powered airplane in a market where the TBM family continues...

Air India, SkyDrive and Suzuki sign MoU for feasibility study of medical air logistics in India

Air India, SkyDrive and Suzuki Motor Corporation signed a memorandum of understanding to conduct a joint feasibility study on the use of eVTOL aircraft for medical air logistics in India. In...

Air France-KLM submits a binding offer for an up to 49.9% stake in TAP Air Portugal

Air France-KLM today has submitted a binding offer to Parpública for the acquisition of a 44.9% to 49.9% stake in TAP Air Portugal, marking a decisive step in the airli...

Riyadh Air launches Kuala Lumpur service, establishing its first gateway into Southeast Asia

Riyadh Air celebrated the launch of its inaugural service between Riyadh and Kuala Lumpur, establishing its first gateway into Southeast Asia. The inaugural event was celebrated in both cities, kickin...

Android Apps development in Riga, Latvia