50 SKY SHADES - World aviation news

Airfix Aviation is becoming history

Download: Printable PDF Date: 05 Oct 2015 04:09 category:
Publisher:
Airfix Aviation is becoming history - Business aviation publisher
Tatjana Obrazcova
Country: Finland
Source: Bizavnews

In less than a month Finnish business operator Airfix Aviation lost some key clients. Owners of aircraft, after Airfix Aviation got on the US sanctions list, choosed different, safer management companies. So in September at least 6 aircraft were withdrawn of the operator's certificate: Bombardier Global XRS / 5000, Dassault Falcon 7X / 2000EX / 900EX EASy / 900LX (OH-TNF, OH-MAL, OH-FOX, OH-FFF, OH-FFE , OH-GPE). Jets are already operated by Luxaviation Group (Abelag Aviation), DC Aviation and Avcon Jet.

We could not get official comment on the situation in Russia or in Finland. A source close to the subject told BizavNews told that Airfix Aviation will officially announce the closing in the next few weeks. "We have held a series of negotiations with clients, which resulted in almost the entire managed fleet transfer to other companies. We are the last remaining with our customers and we want to close all current contracts with minimum cost to our customers. "

Back in August 2015 US government introduced restrictive measures against Russian companies and citizens who, according to Washington, are involved in schemes to circumvent the anti-Russian sanctions imposed earlier. The expansion of the US Treasury blacklist explained the need to ensure the "effectiveness" of sanctions.The new sanctions list includes 11 individuals and 15 entities, including relatives and business partners of Gennady Timchenko and Boris Rotenberg, IMZ, Concern "Izhmash", a number of commercial ports in the Crimea, "daughter" VEB and "Rosneft". But the most interesting thing on this lis wasFinnish business aviation operator Airfix Aviation, previously owned by Volga Group (the company that manages the assets Gennady Timchenko). April 2014, according to the official statement Volga Group, left Airfix Aviation, where owned 99%. However, United States believe that the deal was fake, and that actual beneficiary of Airfix Aviation is still Timchenko.

Over the last year Airfix Aviation continued to be the largest operator in Finland with a total fleet of 14 business jets, including the Falcon 7X / 900LX / 2000EX EASY, Bombardier Global XRS / 5000/6000 and the Gulfstream G450 / 550/650. Airfix Aviation has two head offices in Helsinki and Geneva (sale of charter flights and dispatching activities).



Loading comments for Airfix Aviation is becoming history...


Recommended

Leading Edge Aviation invests in an ALSIM AL42

ALSIM announced the delivery and installation of an AL42 simulator to Leading Edge Aviation, an aviation academy located in Oxford, United Kingdom. The ALSIM AL42 is an exact replica of the Diamond...

A need for over 39,000 new aircraft in the next 20 years

The world’s passenger and freighter aircraft fleet is set to more than double from today’s nearly 23,000 to almost 48,000 by 2038 with traffic growing at 4.3% annually, also resulting in a...

Take full advantage of Switzerland all year round

Taking care of an aircraft is a full time job, you can ask every professional of business aviation industry, they will confirm. Aicraft owners, aircraft operators, aicraft management comanies - eve...

UK Government Grant to ZeroAvia for the Development of Zero Emission Aviation

An important support to the development of  Zero Emission Aviation, a grant of £2.7m (US$3.3 million) grant from the UK Government to ZeroAvia! The UK Government grant is part...