NetJets Europe expects to move into its new Lisbon, Portugal headquarters in December. The European fractional provider already runs all of its operational and administrative functions from the Portuguese capital and it is now investing $28 million in a much larger building that will house more than 400 employees. NetJets Europe said it will retain a sales and marketing office in London.
“Lindbergh flew off our ramp right out front,” John Rahilly, vice president of sales and marketing for Dassault Aircraft Services (DAS) Wilmington, Del., told AIN. “This used to be the Atlantic Aviation facility; it was here for some 75 years. We acquired it because our customers wanted a Dassault service center in the northeast part of the U.S.”
It is tempting to subscribe to the stereotypical view that if you need to ask how much business aviation costs then it isn’t for you. But Bookajet.com thinks that perspective is fundamentally wrong.
Barcelona-based Executive Airlines this year has added five business jets to its charter fleet, and it is preparing to add two more. At the start of this year the company positioned a Hawker 700 in Madrid, followed by a pair of Citation CJ1s, a Learjet 45 and a Citation Bravo. One of the CJ1s is now operating out of Palma de Mallorca, and the company is set to open a base at Malaga with a managed Dassault Falcon 100 and a 200.
Continuing a trend, several Part 135 operators recently announced partnership agreements with others in the travel industry. Bombardier Skyjet and Abercrombie & Kent Destination Clubs signed an agreement under which Skyjet will provide air transportation to the travel company’s club member customers via A&K Jets. Marquis Jet, which provides jet cards for NetJets aircraft, is partnering with The Sea Island Co. of Georgia.
Options, awareness, acceptance, security, time, the economy and the hassles of airline travel are contributing to a buoyant U.S. charter market, with activity up an average of 30 to 40 percent over last year. The increased demand is putting pressure on operators to add aircraft to their fleets as they edge up their base rates.
Deliveries of new turbine business airplanes–particularly from Bombardier, Cessna, Gulfstream and Raytheon–in the first half of this year shot up more than 31 percent compared with the same period last year, according to the second-quarter shipment report from the General Aviation Manufacturers Association (GAMA) released recently.
On August 11 European private equity group Permira said it would buy a majority stake in Zurich, Switzerland-based aviation services company Jet Aviation for an undisclosed amount. With a formal closing expected later this month, the sale will end the uncertainty about the fate of the Hirschmann-family-controlled enterprise, which was informally “in play” since it was first put up for sale in early 2002.
The U.S. DOT’s unwillingness to ease unpopular restrictions on foreign charter operators flying into the U.S. is jeopardizing moves on the other side of the Atlantic to reform rules covering fractional ownership.
Avtrak also announced that NetJets has signed a five-year agreement for GlobalNet for the tracking and management of NetJets’ growing worldwide fleet of fractionally owned aircraft. “Finding the right solution that will support our current and future fleet has been a major undertaking here at NetJets,” said Jerry Schlesinger, NetJets Aviation executive vice president.