ExecuJet Aviation Group AG of Switzerland has today been acquired by Luxaviation, Europe’s leading business aviation group, based in Luxembourg. The transaction sees Luxaviation acquire the entire share capital of ExecuJet and become the second largest corporate aircraft operator in the world.
ExecuJet employs a workforce of over 1,000 staff and operates in six regions of the world, namely Europe, Africa, Asia, Australasia, Latin American and the Middle East. Founded in 1991, the company operates a diverse fleet of 165 aircraft worldwide, including a significant Global Express fleet along with other Bombardier products, Boeing Business Jet, Gulfstream, Dassault and Pilatus aircraft. ExecuJet’s comprehensive service portfolio includes aircraft management, aircraft charter, aircraft maintenance, FBO operations and aircraft completions management.
Luxaviation Group offers the expertise and know-how of 520 employees across seven European operating companies: Luxaviation (Luxembourg), Luxaviation Germany (Germany), Abelag (Belgium), Unijet (France), London Executive Aviation (UK), Masterjet (Portugal) and now ExecuJet (headquartered in Switzerland and with worldwide operations). Luxaviation Group is also active in the high-growth markets of Asia-Pacific through a commercial office in Singapore. Luxaviation Group now operates a combined fleet of more than 250 business aircraft.
NBAA Joins Lawsuit to Preserve Business Aviation Access to East Hampton Airport
The National Business Aviation Association (NBAA) has joined a federal lawsuit and is considering additional measures to ensure that its Members and other general aviation operators continue to have reasonable and reliable access to New York’s East Hampton Airport (HTO).
According to NBAA, town officials are poised to implement a set of noise and access restrictions that the association has warned are unfair, unreasonable and unjustly discriminatory.
“Despite repeated warnings to town officials from NBAA and other aviation interests that local airports do not have the authority to regulate the types of aircraft that can operate at that airport, East Hampton is setting the stage for years of costly litigation by attempting to implement severe operating restrictions at HTO,” said Steve Brown, NBAA chief operating officer. “As a public-use airport receiving federal funds, East Hampton is bound by grant assurances and other regulations that require it to operate within compliance with federal aviation law and policy.”
Brown said that NBAA is joining as plaintiff a lawsuit filed in U.S. District Court by the local organization Friends of East Hampton Airport, as well as the Helicopter Association International and other parties.
Unmanned aircraft systems exhibit area planned for EBACE; NetJets VP no longer with company; Dishwashair designed expressly for use on aircraft
The May 4, 2015, issue of The Weekly of Business Aviation previews EBACE, reports on a new development in the NetJets labor dispute and introduces an inflight dishwasher:
Attendees, Exhibitors Expected To Grow At EBACE 2015
The European Business Aviation Convention & Exhibition in Geneva will celebrate its 15th anniversary when the show opens on May 19.
A highlight will be a new unmanned aircraft systems (UAS) exhibit area and a focus on European Commission regulations regarding their operation in Europe.
Attendees and exhibitors are expected to grow at EBACE 2015. Plus, a NetJets vice president acted alone when he inappropriately blogged and tweeted about the pilots’ union activities and positions, the company said. And the first contracts signed for Dishwashair, Lufthansa Technik’s inflight diswasher, have been from owners of larger executive VIP business jets, according to Hamburg-based interiors and MRO specialist hs² engineering…
Six years after the business aviation sector suffered from the ripple effects of the sub-prime mortgage crisis, the industry in Europe has still not fully recovered. Following a strong bounce back to near-pre-crisis levels, the number of departures has been in a steady decline. Since 2011, top business aviation airports in Geneva, Zurich and at Paris-Le Bourget have lost 5-10% of their executive jet traffic.
After a promising start in 2014, charter operators have been severely affected by the conflict between Russia and Ukraine. According to Eurocontrol figures reported by the European Business Aviation Association (EBAA), the number of daily flights in Ukraine is 71.6% lower than a year ago.