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Siegfried Axtmann, CEO of FAI Rent a Jet, Germany’s largest business jet operator, says that he anticipates business for the German operator will carry on “as usual” with his British associates, partners and clients, whilst the effect of Brexit is established.
German company FAI Asset Management GmbH has announced the acquisition of four Bombardier aircraft from an undisclosed vendor. The two Global Express models and two Learjet 60 aircraft will be leased from FAI Asset Management GmbH to the FAI Aviation Group. This makes FAI Aviation Group the largest business jet operator in Germany with a total of 20 jets operating on the FAI AOC and a Premiere 1A on FAI owned Fly Alpha´s AOC.
FAI Asset Management GmbH has confirmed that it will be breaking ground for its third hangar at Albrecht Dürer Airport in Nuremberg in June of this year. The new hangar, which represents an investment of €6m, will increase FAI’s hangar floor space by another 4,500m², bringing the total size of the FAI facility to 13,500m².
German General Aviation operator and air ambulance specialist FAI rent-a-jet AG (dba Flight Ambulance International) is marking another successful year as it closes its books on 2015. The Nuremberg-headquartered company has recorded an operational income of approximately €80m, up on the 2014 figure of €73.5m.