JetDirect Aviation is planning a new national FBO chain, backed by Philadelphia private-equity firms CD Ventures and Argosy Capital. The company now has five FBOs and manages 60 airplanes, many on charter certificates.
Abu Dhabi-based business aircraft operator Royal Jet yesterday signed up as an operator for Bombardier’s Skyjet International fixed-rate charter service. Customers will have access to Royal Jet’s newly delivered Challenger 300 business jet and to the rest of its fleet if it is not available.
ExxonMobil’s Avitat FBO network has adopted Megadata’s Passur FBO software suite to help track and serve Avitat customers. The Passur Avitat Networking software suite was developed exclusively for the Avitat network.
Recognized as a specialist for performing D-checks and modifications on all Boeing 747 models and several other civil airliners, Alsalam Aircraft is steadily expanding its penetration of world maintenance repair and overhaul (MRO) markets.
A new two-seat helicopter powered by a twin-pack engine is being shown for the first time on Stand W903. Although roughly the size of a Robinson R22, the Swisscopter is notable for its innovative propulsion system that provides a level of safety unusual in this class of helicopter.
The strategy for large FBO chains backed by big private equity funds is to buy FBOs in wealthy destination markets, either major metropolitan areas with lots of business activity or high-end resort areas that are frequented by business jet travelers.
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