A Phenom 100, said to be the first operating in Europe, will spearhead a drive by Gainjet and its Bucharest-based partner NSS Global Investments (NSSGI) to develop charter business initially from a base in eastern Europe.

The Romanian holding company's md George Christoforidis says: "We are in negotiations with Embraer to put in place a five-year plan to acquire the Phenom 100 and 300. This plan will allow the fleet to grow as business conditions warrant. There will be opportunities to put in place associated activities such as maintenance. Our company has had business relationships with Brazil for more than 25 years and we know Embraer very well. Our plan is to use the aircraft acquired to their full potential as we highlight the advantages of private charter industry to the private, corporate and government sectors."

NSSGI is a holding company that has substantial trading links with China and is involved in the production and distribution of goods and services in sectors ranging from alcoholic drinks to engineering.

Christoforidis says: "Good partners have played an important role in enabling NSSGI to build business at home and abroad. Gainjet is a new partner which will operate the aircraft. The Phenom 100 will be managed by both parties."

Gainjet, based in Greece, has built up a fleet that includes a new 78-seat corporate B757, a BAe146 configured for 34 passengers and a G550. These complement a 40-seat MD83 based in Manston and seven G200s. Gainjet is expecting the delivery of a Falcon 2000LX in October and a G650 is on order for 2012.

Gainjet ceo Ramsey Shaban says: "Quality strategic alliances are an important part of our business plan and NSSGI's business expertise and network of contacts will help grow the business quickly and efficiently. The Phenom 100 will be the first in operation in Europe and will be cost-effective and popular in the corporate market."