JetEx Buys Paris FBO, Plans Global Handling Network

 - February 19, 2009, 11:21 AM
Dubai-based JetEx Flight Support has made its first move into FBO management by completing the acquisition of the Flying Group facility at Paris Le Bourget Airport. The Belgian company has sold the FBO for an undisclosed sum so it can focus on its aircraft charter and management activities. According to JetEx CEO Adel Mardini, the Paris acquisition is part of a long-term strategy to establish an international network of FBOs. The company is to begin comprehensive redevelopment of the Le Bourget premises to provide additional lounges and aircraft parking areas large enough to accommodate the Airbus A380. Its aim is to cater to the top end of business aviation, including head-of-state flights. Mardini told AIN that JetEx has purposely chosen to start its FBO network at a major business aviation gateway such as Le Bourget, where there are already several established FBOs, to quickly raise the company’s profile in the sector and to demonstrate its resolve to set a high standard for service and facilities.