Despite a widely acclaimed business idea–scheduled per-seat service with executive jets for its members–Geneva-based Club Airways filed for bankruptcy protection early last year and ceased operations. However, a new group of investors, headed by Eric Kohn from the UK, acquired the name, license and membership lists of Club Airways in the middle of last year.
Signature Flight Support has announced the purchase of Le Terminal building at Le Bourget, giving the world’s largest FBO chain and distribution network for business aviation services three facilities at the Paris business airport. Le Terminal, a six-story office building, was formerly a private aviation facility. The building comes with about three acres of aircraft parking ramp and two adjoining hangars.
Swiss-based charter and management provider PrivatAir has created a team dedicated exclusively to marketing its charter services for financial roadshows, such as initial public offerings, typically requiring flights to multiple destinations in a short time. Swiss-based competitor Jet Aviation established a dedicated financial roadshow team last summer.
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