Jet Aviation has acquired ExecuJet's Zurich FBO and hangar operations and Luxaviation's Swiss aircraft management and charter division. With this acquisition the company adds a second FBO terminal, two private ramps and two hangars to its Zurich footprint and 17 aircraft to its European fleet.

“This acquisition creates significant value for our global customer base by further expanding our network and delivering innovative, world class standards in service and quality,” says Jet Aviation president David Paddock. “It is an exciting step in our journey to be the leading partner in global flight.”

Located opposite Jet Aviation's FBO at Zurich airport, the ExecuJet Zurich FBO includes one close to 5,000 sqm hangar and one 2,500 sqm hangar; two private ramps at 4,620 and 5,760 sqm; a 500 sqm vehicle parking area; and a multifunctional terminal for passengers and crews.

Jet Aviation senior VP of EMEA operations Stefan Benz concludes: “Acquisition of the ExecuJet FBO in Zurich enables us to offer a more comprehensive range of services, including hangar space for short and long term private parking. For our charter customers, Luxaviation's Swiss aircraft management and charter business significantly expands our fleet in Europe, offering even greater choice in meeting their varying requirements.”