Blue Fox Executive Airlines recently announced its selection of GE-IAI Aviation Service International as its exclusive full service provider. GE-IAI will make a $10 million spares inventory available to support the new carrier’s planned Boeing 767-300ER fleet. The scheduled all-business transatlantic service will commence next spring.

Blue Fox’s original funding requirement of £65 million has now been reduced to £57.8 million, and the company has also recently secured $10 million worth of flight bookings from an unspecified New York-based travel organisation.