Jet Aviation

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Founded in Switzerland in 1967, Jet Aviation is a Basel-based provider of business aviation services.^[2] The company has approximately 4,000^[2] staff across Europe, Asia and the Americas. It provides aircraft sales, maintenance and charters using its fleet of more than 200 aircraft.

Since 2008, Jet Aviation has been a subsidiary of General Dynamics.

History[]

The late Carl W. Hirschmann established Jet Aviation in 1967, as a maintenance organization when he bought the former Globe Air hangars in Basel, Switzerland and opened the first maintenance facility for business aircraft in Europe.

Two years later, he expanded the company and entered a new line of business by acquiring the Pilatus maintenance and airline handling operations in Zürich and Geneva. Then realizing that customers may likely still require transport while their own aircraft are being maintained, he also began offering aircraft charter and management services to European and Middle Eastern customers.

The 1970s[]

During the 1970s, the company expanded its offering to the European and Middle Eastern market, including charters and aircraft management, establishing its first overseas maintenance facility in Düsseldorf in 1975. Two years later, the company introduced outfitting at its Basel facility. In 1979, it began FBO operation in Jeddah, Saudi Arabia.

The 1980s[]

1980s brought further expansion to the company in Europe and the Middle East, but more importantly, Jet Aviation successfully entered the U.S. market to become the first global player in the business aviation industry. Since the mid '80s, the company bought existing FBOs in Boston/Bedford, Massachusetts, Palm Beach, Florida and added a FBO in Teterboro, New Jersey, in 1988 to serve the strategically important New York City corporate marketplace. The same year, Jet Aviation acquired Teterboro based - the largest aircraft management and charter company in North America.

The 1990s[]

The consolidation and steady growth in the EMEA region - with the opening of a maintenance and FBO facility in Singapore in 1995. Jet Aviation Basel, Switzerland and the three U.S. FBOs in Boston/Bedford, Palm Beach and Teterboro were expanded to enhance the overall quality and services at these facilities. In 1994, Jet Aviation was granted the right to expand its airline handling services in Zurich and Geneva, Switzerland to provide services to scheduled airlines and IATA carriers. A major move into the Asian market was the opening of a maintenance and FBO facility in Singapore in 1995. Two more locations, including a maintenance facility in Hannover, Germany and a full-service FBO operation in 1999 at Love Field in Dallas, Texas, in the United States were added to Jet Aviation's global network.

The 2000s[]

In October 2005 Jet Aviation was acquired by the Permira Funds, which marked the end of 38 years of family entrepreneurship and in March 2006, the company, under new ownership, announced the acquisition of St. Louis, Missouri-based , one of the leading maintenance, repair and overhaul, modifications and completions companies in North America. After almost 40 years as part of the group, Jet Aviation sold its airline and cargo handling division in Switzerland on November 6, 2007 to Dnata, the largest supplier of air travel services in the Middle East. Since December 2007 Jet Aviation also provides line maintenance, defect rectification and AOG services at Moscow's Vnukovo International Airport. In January 2008, Jet Aviation acquired U.S.-based maintenance and completions company Savannah Air Center located at Savannah / Savannah/Hilton Head International Airport. In Spring 2008, Jet Aviation and Beijing-based Deer Air, signed a joint venture to operate a FBO and line maintenance facility at Beijing's Capital International Airport.

November 5, 2008 marked another chapter in Jet Aviation's history when the company was acquired by U.S.-based General Dynamics, headquartered in Falls Church, VA. General Dynamics is a market leader in business aviation; land and expeditionary combat systems, armaments and munitions; shipbuilding and marine systems; and information systems and technologies. As part of General Dynamics, Jet Aviation will operate as an independent business unit within the General Dynamics Aerospace Group to continue with its successful business model.

Business Jets[]

Established in 2002, Business Jets Limited is a branch of Jet Aviation operating in the Hong Kong area. Based at Hong Kong International Airport, it provides chartered passenger services using its fleet of one Bombardier BD-700 and two Gulfstream G550 aircraft.

Jet Aviation Malta[]

As of August 2019 Jet Aviation Malta operates 2 Boeing 737-700(BBJ) aircraft.^[3]

References[]

External links[]

• Jet Aviation