Jet Aviation Buys ExecuJet Zurich FBO, Lux's Swiss Ops

 - June 25, 2021, 12:44 PM
Through its acquisition of the ExecuJet FBO at Zurich Airport, Jet Aviation gained two large hangars, allowing it to offer transient and long-term customer aircraft storage there for the first time. (Image: Jet Aviation)

Jet Aviation has expanded its footprint in Switzerland with the announcement that it has purchased ExecuJet’s FBO at Zurich Airport along with parent company Luxaviation’s Swiss aircraft charter and management operation.

ExecuJet’s Zurich facility, which it occupied for nearly two decades, consists of a two-story, 10,800-sq-ft stand-alone terminal with a private passenger lounge, in-house customs and immigration, a landside and smaller airside pilots lounge, shower facilities, kitchen, storage room, lockers, and a 10-seat conference room, along with indoor and outdoor vehicle parking.

In addition, Jet Aviation, which already operates an FBO on the field, will gain aircraft shelter for the first time with 53,000-sq-ft and 27,000-sq-ft hangars, and two additional private ramps totaling approximately 112,000 sq ft.

“Acquisition of the ExecuJet FBO in Zurich enables us to offer a more comprehensive range of services, including hangar space for short- and long-term private parking,” said Stefan Benz, Jet Aviation’s senior v-p of regional operations in EMEA. The purchase of Luxaviation's Swiss air operator certificate (AOC) will also transfer 17 Switzerland-based aircraft to Jet Aviation control, a more than 25 percent increase in the company's EMEA fleet size.

“For our charter customers, Luxaviation’s Swiss aircraft management and charter business significantly expands our fleet in Europe, offering even greater choice in meeting their varying requirements,” added Benz.