- July 28, 2009, 11:07 AM

Despite the recession, charter and management firm Masterjet, headquartered in Lisbon, Portugal, is adding three aircraft to its managed fleet of Dassault Falcon, Cessna Citation and Airbus business jets, bringing the fleet at its Paris Le Bourget base to nine by year-end. The airplanes on order include a Falcon 2000LX, a Falcon 7X and a 26-passenger Airbus A320 Corporate Jet, which will become available for charter at the beginning of next year. The company, which also has bases in Geneva, London, Jeddah, New Delhi and Malta, expects to have a fleet 15 business jets by the end of 2011. Patrick Maboussin Aircraft Design will be designing the interiors and exteriors of Masterjet’s aircraft, beginning with the A320.

Masterjet is part of Swiss holding company Sparfell Aviation Technology, which in 2006 acquired a 55-percent stake in the operator. The remaining share is privately held. Sparfell also owns Geneva-based aircraft management company Corporate Jet Management and has a 70-percent stake in Farnborough-based aircraft broker Euro Aircraft Trading.

Meanwhile, Masterjet has become an official partner of Fokker Services to market MRO and interior completion products and has signed a cooperation agreement with Air France Consulting for a range of business aviation services including financing, operations and training.