Press Release

Issued by Aviatrax.

June 23, 2014

Aviatrax S.A., the Luxembourg headquartered corporate aviation company, has concluded a rental agreement for the Hangar 5 space at Nice airport.

Aviatrax client corporate aircraft, housed in Hangar 5 on an exclusive private use basis, benefit from dedicated safe and secure parking, which is something of a premium at the international airport in the south of France. The hangar is fully air‐conditioned and offers ample storage space.

Commenting on the company's new facility, Matthildur Kristjansdottir, managing director of Aviatrax, said: “Our clients demand the very best from us and we are excited to expand at this extremely important and busy airport serving the French Riviera and Monaco.”

The space in Hangar 5 became available after a new hangar was constructed to accommodate the new Falcon 7X of Prince Albert II of Monaco. The airport is one of the busiest in Europe for private jet traffic, with around 38 departures a day.