Press Release

Issued by Luxaviation Switzerland.

March 12, 2014

ExecuJet Europe is expanding the company's managed fleet with the addition of two Gulfstream G650s and a Bombardier Global 5000 aircraft.

One Gulfstream G650 and the Global 5000 aircraft join ExecuJet's Danish Air Operator Certificate (AOC) and the second Gulfstream G650 joins the company's Swiss AOC. The Global 5000 and the Swiss registered Gulfstream G650 is available for charter.

Gerrit Basson, managing director ExecuJet Europe, says: "We are very pleased to add these state-of-the-art, ultra-long-range aircraft to our managed fleet. Danish aircraft owners are showing a high level of interest in our aircraft management service, and we expect to add more aircraft to our Danish AOC later this year. This growth is a true testament to our high levels of customer service, safety and quality."

The new aircraft boosts ExecuJet Europe's managed fleet to 52 aircraft, of which a large proportion is available for charter. There are currently 15 aircraft on the company's Danish AOC.

ExecuJet is the only operator in Europe that can offer aircraft owners a choice between commercial operations under AOCs in Switzerland, Denmark and the United Kingdom, and private operations under the International Standard for Business Aircraft Operations (IS-BAO). This ExecuJet capability gives great flexibility to aircraft owners to structure their aircraft operations in Europe to best suit their personal circumstances, says Basson.

ExecuJet operates nine FBOs in Europe, with operations at Zurich, Geneva (in partnership with RUAG), Berlin, Paris (in partnership with Advanced Air Support), Gerona, Barcelona, Ibiza, Valencia and London Cambridge.