BAE looks to build its bizplane business base | Aviation International News

BAE looks to build its bizplane business base

BAE Systems Aircraft Services Group is looking to build on the success of the deal it forged at the NBAA show last year, when it announced a lease agreemen

By Charles Alcock • Managing Editor

June 11, 2008

BAE Systems Aircraft Services Group is looking to build on the success of the deal it forged at the NBAA show last year, when it announced a lease agreement for 10 pre-owned Jetstream 32 twin-turboprops to Corporate Aircraft Partners (CAP). The Cartersville, Ga.-based operator has just received the sixth aircraft for its fractional-leasing program. The 19-seat commuters were converted to 10- to 12-seat configurations for the new service.

CAP is offering companies and individuals shared use of the Jetstreams without having to take any actual equity in the aircraft, as is the case with orthodox fractional ownership. All lease costs are borne directly by the operator.

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