In Crisis, Luxaviation Offers a Helping Hand

 - March 17, 2020, 11:09 AM

This story is part of AIN's continuing coverage of the impact of the coronavirus on aviation.

In the spirit of helping its industry peers during this time of crisis, Luxembourg-based services provider Luxaviation has launched the European Business Aviation Solidarity Initiative (EBASI), a move that will make its administrative, financial, and procurement resources available to its competitors for the next three months. It will allow any participating jet operators to receive, where possible, the same pricing that Luxaviation receives from its suppliers and use the same payment terms. It will also provide operators with the option to get access to all documents required to be sent to authorities and other regulators to save costs.

“As a major player in business aviation, we take our responsibility towards our clients, partners, and the wider industry very seriously,” said Patrick Hansen, Luxaviation Group CEO, adding that the company builds its business on resources that smaller operators may lack during any Covid-19-induced lockdowns. “The initiative allows them to focus their limited resources on keeping their clients and assets safe, which is paramount to keeping the industry as healthy as possible.”

Hansen also invited the EBAA to participate in the program, to help establish a "guarantee fund" that could provide for companies in need. “If the EBAA were onboard with the initiative, we would be very much inclined to put EBASI under their supervision or coordination,” said Hansen.