{"id":482,"date":"2015-05-05T07:45:10","date_gmt":"2015-05-05T13:45:10","guid":{"rendered":"http:\/\/flightlistpro.com\/private-jet-charter\/?p=482"},"modified":"2015-06-04T07:14:33","modified_gmt":"2015-06-04T13:14:33","slug":"operator-luxaviation-execujet-aviation","status":"publish","type":"post","link":"https:\/\/flightlistpro.com\/private-jet-charter\/operator-luxaviation-execujet-aviation\/","title":{"rendered":"Deal Creates World&#8217;s Second-Largest Operator"},"content":{"rendered":"<p>In a deal to create the world&#8217;s second-largest corporate aircraft operator, Luxaviation, a business jet charter and management group based in Luxembourg, today is acquiring\u00a0Zurich-based ExecuJet Aviation.<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\" size-full wp-image-483 alignright\" src=\"https:\/\/i0.wp.com\/flightlistpro.com\/private-jet-charter\/wp-content\/uploads\/2015\/05\/Luxaviation.png?resize=230%2C47\" alt=\"Luxaviation business jet charter management\" width=\"230\" height=\"47\" \/>Under the terms of the deal, Luxaviation will acquire the entire share capital of ExecuJet, which has operations in Asia, Australasia, Africa, Latin America, the Middle East and in Europe. \u00a0Its fleet of about 180 managed aircraft will bring the number of aircraft operated by the combined entity to more than 250. \u00a0This is second only the the fleet of 700 operated worldwide by US-based NetJets.<\/p>\n<p><a href=\"http:\/\/www.execujet.com\/en\/\">ExecuJet<\/a>, operating since\u00a01991, offers aircraft charter, management, and maintenance, and is based at 19 airports around\u00a0the world.<\/p>\n<p><a href=\"http:\/\/www.luxaviation.lu\/\">Luxaviation<\/a> has grown by acquiring four European operators since 2009, including London Executive Aviation (LEA) in 2014. \u00a0Last week it agreed to a deal with China Minsheng Investments, a Chinese investment fund that is the biggest shareholder in business aircraft operator Minsheng International Jet.<\/p>\n<p>Luxaviation&#8217;s strategy with its acquisitions has been to preserve their operational independence while benefiting from economies of scale in purchasing high-cost items such as fuel, insurance and training.<\/p>\n<p>With the two latest\u00a0deals, Luxaviation is making strides towards\u00a0its stated\u00a0goal of 500 aircraft under management by 2019.<\/p>\n<p><a href=\"http:\/\/www.ft.com\/cms\/s\/0\/154a0fb2-f251-11e4-b914-00144feab7de.html#axzz3ZGN6DvOG\">&#8211; courtesy Financial Times, full article here.<\/a><\/p>\n<p><strong>Luxaviation and ExecuJet charter fleet details are available in <a href=\"http:\/\/flightlistpro.com\">FlightList PRO<\/a>.<\/strong><\/p>\n<div id=\"attachment_484\" style=\"width: 635px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/i0.wp.com\/flightlistpro.com\/private-jet-charter\/wp-content\/uploads\/2015\/05\/Luxaviation-jet.png\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-484\" class=\"wp-image-484 size-large\" src=\"https:\/\/i0.wp.com\/flightlistpro.com\/private-jet-charter\/wp-content\/uploads\/2015\/05\/Luxaviation-jet.png?resize=625%2C241\" alt=\"Luxaviation charter jet\" width=\"625\" height=\"241\" srcset=\"https:\/\/i0.wp.com\/flightlistpro.com\/private-jet-charter\/wp-content\/uploads\/2015\/05\/Luxaviation-jet.png?resize=1024%2C395&amp;ssl=1 1024w, https:\/\/i0.wp.com\/flightlistpro.com\/private-jet-charter\/wp-content\/uploads\/2015\/05\/Luxaviation-jet.png?resize=300%2C116&amp;ssl=1 300w, https:\/\/i0.wp.com\/flightlistpro.com\/private-jet-charter\/wp-content\/uploads\/2015\/05\/Luxaviation-jet.png?resize=624%2C241&amp;ssl=1 624w, https:\/\/i0.wp.com\/flightlistpro.com\/private-jet-charter\/wp-content\/uploads\/2015\/05\/Luxaviation-jet.png?w=1172&amp;ssl=1 1172w\" sizes=\"auto, (max-width: 625px) 100vw, 625px\" \/><\/a><p id=\"caption-attachment-484\" class=\"wp-caption-text\">Luxaviation Challenger 300 based Luxembourg<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>In a deal to create the world&#8217;s second-largest corporate aircraft operator, Luxaviation, a business jet charter and management group based in Luxembourg, today is acquiring\u00a0Zurich-based ExecuJet Aviation. Under the terms of the deal, Luxaviation will acquire the entire share capital of ExecuJet, which has operations in Asia, Australasia, Africa, Latin America, the Middle East and [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[4,43],"tags":[45,76,56],"class_list":["post-482","post","type-post","status-publish","format-standard","hentry","category-operator-updates","category-private-aviation-industry-news","tag-air-charter-news","tag-europe","tag-jet-charter-operator"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.8 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Deal Creates World&#039;s Second-Largest Operator - Jet Charter News Alerts, Broker-Operator Directory - FlightList PRO<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/flightlistpro.com\/private-jet-charter\/operator-luxaviation-execujet-aviation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Deal Creates World&#039;s Second-Largest Operator\" \/>\n<meta property=\"og:description\" content=\"In a deal to create the world&#8217;s second-largest corporate aircraft operator, Luxaviation, a business jet charter and management group based in Luxembourg, today is acquiring\u00a0Zurich-based ExecuJet Aviation. 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