Press Release
Issued by Green Charter 2022.
April 26, 2010
Oriens Advisors, aviation consultants specialising in the entry level jet sector, has signed a Memorandum of Understanding with Miami based InterFight Global Corporation, IFG. Oriens, predominantly European focused, can now broaden its spectrum in terms of international market presence. "Oriens has focused mainly on the European value chain in the cost-effective personal jet transportation sector. The agreement with IFG broadens our range giving us feet on the ground in two of the most important international aviation marketplaces," says Edwin Brenninkmeyer CEO of Oriens Advisors. "Whilst IFG has global reach, they have a very strong US focus. Now, with Oriens as a partner, IFG will be better positioned to support clients looking for opportunities in Europe and we hope to add value to their existing client services," he continues.
The transatlantic relationship will see Oriens supplying a number of complementary services to IFG's existing offering. These will include provision of qualified company directors on an advisory or executive basis; supporting IFG clients with European commercial due diligence; sourcing funding and advising on investment pitches. Oriens' principals have significant experience in financial and insurance risk management, which complements IFG's aviation risk skill sets. "We expect the partnership to evolve further as we work on each project," says Oscar S Garcia Chairman and CEO of IFG. "We expect our mutual clients to include governments, airports, lobbyists, investors, and ultimately all users of private aviation at all levels," he says.
Oriens and IFG have already begun working with mutual clients including a UK light jet operation that was looking for operational support. IFG and Oriens have been able to move quickly to help the client find an AOC holder with which the business can form an alliance. Additionally IFG has been proposing to a Southern European investment fund a joint board advisory role which will see one IFG and one Oriens director advising as required in their newly formed ELJ air charter business. "This demonstrates how the relationship between IFG and Oriens can expand our network, and is just the beginning of what we hope will be a long term relationship," says Brenninkmeyer. "It gives me tremendous pleasure to be able to inform our clients and prospective clients that we are working with IFG. This wealth of industry expertise will enable us to better serve our clients."
IFG and Oriens have both been involved in the ELJ era since the late 90s and it is through conferences and events that the original relationship was formed. Garcia comments "I believe experience and value to clients comes from first hand experience so I take pride in being associated with Oriens."
