London Oxford Airport has continued to grow its business aviation activities over the past 12 months, while its tenants, such as Hangar8, also continue to expand their operations. To celebrate six years of running the OxfordJet FBO, the airport is making an offer for the duration of EBACE to halve landing and parking fees for the rest of the year for operators of business aircraft of more than 4 metric tons mtow, subject to availability.
London Oxford Airport
Oxford Aviation, a resident of Oxford County Regional Airport in Maine for nearly 25 years, is engaged in a battle with the Oxford County Commission to avoid eviction, and to compound the proceedings the refurbishment and MRO facility filed for Chapter 13 voluntary bankruptcy on Tuesday.
The filing also noted the transfer of Oxford Aviation’s assets to its founder, owner and president, James Horowitz, for $1. The filing also effectively caused cancellation of a hearing scheduled for Wednesday regarding the separate eviction filing by the Oxford County Commission.
Oxford Airport, located at Kidlington (just north of the “Dreaming Spires” of the famous university town), has continued to experience growth in business aviation traffic. An 11-percent increase in business traffic during 2012, up from 6,913 movements in 2011 to 7,761, has also contributed to a 13-percent rise in jet fuel sales. This traffic increase has cemented Oxford’s position as the London region’s fifth busiest business destination and the fastest growing.
London Executive Aviation has been one of the stalwarts of Europe’s private charter sector for almost two decades. Trading conditions have never been tougher than in the last few years, but the UK firm is surviving by sticking to its core values, as founders Patrick Margetson-Rushmore and George Galanopoulos told AIN in an interview prior to this week’s show.
A study commissioned by the European Business Aviation Association (EBAA) and released yesterday outlines business aviation’s significance in Europe and quantifies how its activities directly and indirectly contribute to the region’s economies. The report, which was compiled by Oxford Economics, confirms that business aircraft primarily carry key corporate decision-makers on high value-added trips.
Southeast England is going to be a busy place from the middle of July to mid-August as visitors and competitors converge on London for the 2012 Olympic Games, and planning earlier than usual is going to be the key for business aviation operators hoping to get in and out of London-area airports, although they could still face delays.
The UK’s PremiAir group has closed its fixed-wing charter operation as part of a consolidation process. It has already sold one of its three Bombardier Learjet 45s and will likely sell the other two. “We lost a lot of money on the fixed-wing operation and it is questionable whether it was a good idea to get into this business with that type of aircraft,” commented group operations director Christopher Forrest.
Reuben Brothers acquired the London Heliport in Battersea from Andrew Davis today, adding to an aviation portfolio that includes London Oxford Airport . The heliport, which is located on the River Thames and allows easy access to London’s West End and city center, is the only CAA-licensed one in London. PremiAir, which is still owned by Davis, is one of the most frequent users of the heliport.
Traffic is growing at the UK’s Cambridge Airport following a rebranding and change of management at the start of 2011. The privately owned facility has come to the NBAA show (Booth No. N1622) to encourage more North American operators to try out the convenient access it gives to large parts of southern and eastern England.
Abu Dhabi’s Al Bateen Executive Airport has further boosted its credentials as the Middle East’s leading business aviation hub by establishing its own branded FBO and opening the provision of maintenance, repair and overhaul services to an independent provider.
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