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Business Air News
The monthly news publication for aviation professionals.

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FAI rent-a-jet
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FAI looks for appropriate acquisition after selling its interest in Nomad
German operator FAI rent-a-jet AG is looking for a value-for-money subsidiary after selling its interest in Switzerland's Nomad Aviation AG through a management buy-out.

German operator FAI rent-a-jet AG is looking for a value-for-money subsidiary after selling its interest in Switzerland's Nomad Aviation AG through a management buy-out.

FAI chairman Siegfried Axtmann said in a statement that the 15-month cooperation did not meet FAI's expectations in respect to collective added value.

"It made no sense for FAI to carry on with a second AOC and the costs involved in maintaining it. Nevertheless, FAI will continue screening the operator market for potential candidates, whose size and fleet would be appropriate for fully integration into FAI, but collective added value is a must."

Nomad Aviation was acquired by FAI in March 2009 to become FAI's executive jet service division. At the time FAI was intending to focus on its NGO and air ambulance businesses.

But Axtmann says: "In the meantime FAI has built up its own impressive fleet for dedicated executive charter."

The fleet includes a 2009 Falcon 900DX EASy, a 2003 Global Express and two 2000 Learjet 60s. A Challenger 604 and a CRJ 200 LR are joining the fleet and will bring its number to 18 including one Challenger 604 leased to Nomad.

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FAI nominated for ITIJ Air Ambulance Award
October 29, 2024
FAI rent-a-jet is marking almost 35 years performing air ambulance activity. It has completed close to 800 air ambulance missions over the past year and remains one of the world’s largest air ambulance jet operators.
FAI meets the mark for ARGUS Platinum
September 23, 2024
FAI rent-a-jet operates Germany's largest fleet of Bombardier aircraft, which includes five Global Express, six Challenger 604s and five Learjet 60s. It has passed the standard for the top ARGUS Platinum rating.
FAI becomes official flying partner of FC Bayern München
September 17, 2024
FAI Aviation Group provided the prominent German football club with air ambulance support during the COVID pandemic. Now it is teaming up with the sports team once more as official business aviation provider.