Earlier this year Gestair (Booth 755) opened a new FBO facility in the former authorities pavilion at Madrid-Barajas airport, which is where all the Spanish capital’s business aviation traffic is now directed. Previously those flights had operated into Torrejón air base, but that operation has been closed down. Gestair, with 35 years experience providing business aviation services, won the initial five-year contract from AENA (Spanish airports and air navigation authority) to manage the Barajas executive terminal.
GE Aviation and Iberia Maintenance have signed an agreement that will provide Iberia with OEM technical support for its maintenance and repair services on CF34-8C/E engines. The agreement expands Iberia’s current overhaul capability for the CF34 engine and licenses GE’s engine maintenance technology.
Spanish business aviation group Gestair (Stand 450) and the country’s flag carrier Iberia have joined in a 50-50 joint venture to create Corjet Maintenance. Corjet specializes in maintenance of business jets, as well as providing logistics and parts support.
Spanish FBO group Assistair Business Aviation Handling saw 10-percent growth in traffic levels in the first six months, compared with the same period last year. The company has five bases–at Palma de Mallorca, Barcelona, Valencia, Ibiza and Gerona. Assistair's busiest period came in June when Valencia staged the Formula One European Grand Prix car race.
Spain’s Valencia Airport will be the site of Cessna’s new European Citation service center. According to Cessna, the decision was made after two years of study, research and negotiations with Aeropuertos Españoles y Navegación Aérea (AENA), Spain’s aviation administrative office.
European business aviation has endured a steep downturn in activity for the best part of a year, and many in the industry are resigned to a slow recovery. But for some the proverbial glass remains half full and some of these people are now eyeing growth opportunities.
GE Aviation has signed a memorandum of understanding with Iberia Maintenance designating the company as the preferred regional fulfillment center for CFM56-5A MRO in Europe, Africa and the Middle East.
Corjet Europe of Madrid, Spain, has been named a Gulfstream-authorized warranty repair facility. Corjet Europe is a joint venture between Iberia and Gestair, both of which are based in Spain.
Swissport Executive Aviation (SEA) is preparing for a November start up of business aircraft handling operations at Spain’s Malaga Airport from the general aviation terminal. It will compete with existing handling groups General Aviation Services, United Airport Services, Servisair, Sart and Iberia, although the latter three companies are largely focused on airline handling.
Gestair makes a fair claim to being Spain’s leading business aviation group, with about 60 percent of the national executive charter market. It also claims to be the third-ranking operator for the whole of Europe in terms of the number of aircraft operated and passengers carried.
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