50 SKY SHADES - World aviation news

Sparfell Aviation Group acquires LaudaMotion Executive

Download: Printable PDF Date: 01 Jul 2019 12:23 categories:
Publisher:
Sparfell Aviation Group acquires LaudaMotion Executive - Business aviation publisher
Tatjana Obrazcova
Country: Switzerland Aircraft: Airplanes

An important acquisition in business aviation world -Swiss-based Sparfell Aviation Group acquires LaudaMotion Executive!

From now Sparfell Aviation Group is now able to provide a one-stop solution for every need in private aviation.


Headquartered in Vienna, LaudaMotion Executive holds an Austrian air operator’s certificate (AOC) and operates a fleet of 13 business jets primarily comprised of Bombardier Business Aircraft, including the first Global 7500 delivered and in operation in Europe. LaudaMotion Executive founder Niki Lauda initially sought to partner with Sparfell Aviation Group for capital, but given his untimely passing, the decision was made that Sparfell Aviation Group would take over operations of LaudaMotion Executive. As part of Sparfell Aviation Group, LaudaMotion Executive’s 60 employees and all operations will be managed by Edward Queffelec, Chief Executive Officer for Sparfell Airways, the group’s operations branch, who is taking over for Niki Lauda.
 “Through the acquisition of LaudaMotion Executive, Sparfell Aviation Group is now able to offer our clients private jet charter, consolidating our offering to provide the turn-key solution they expect,” says Edward Queffelec. “We could not dream of a better partner to achieve this than LaudaMotion Executive, an IS-BAO-certified operator with more than 15 years of experience in aircraft operation.”

“Niki Lauda’s expertise, reputation and precision were legendary, both in Formula One and in aviation,” says Philip Queffelec, Chairman of Sparfell Aviation Group. “Having founded three airlines, we are honoured to uphold his legacy and consider it our duty to pay respect to the company that carries his name.”

“It was important for Niki Lauda that LaudaMotion Executive be acquired by a company that represents the same values that he stood for: a true passion for aviation and dedication to our clients,” says Gottfried Neumeister, CEO of NL Holding. “This is why he ultimately chose Sparfell Aviation Group and the Queffelec family.”



Loading comments for Sparfell Aviation Group acquires LaudaMotion Executive...


Recommended

Bombardier Learjet gets avionics upgrade

FAA has certified the latest update to the popular Garmin G5000 avionics suite aboard of Bombardier Learjet aircraft. The upgrade will be incorporated on new Learjet aircraft...

Special Davos event support by Dassault Aviation

Dassault Aviation elite team of service specialists, equipment and rapid response aircraft will be positionned at airports near Davos the week of January 20th.  Dassault Aviation makes globa...

Leasing hometown Dublin welcomes MTU Maintenance new office

An announcement was made at Airline Economics Growth Frontiers conference by MTU Maintenance - from now there is a new office opened in the heart of aviation leasing community birthplace Dub...

FACC received CAAC Part-145 maintenance organization approval

CAAC has granted FACC approval as a maintenance organization according to Part-145. This CAAC certification represents a further milestone for the Austrian aerospace group in its latest "Aft...