Le Bourget FBO sale win-win for the FlyingGroup, JetEx | Aviation International News

Le Bourget FBO sale win-win for the FlyingGroup, JetEx

Dubai-based JetEx Flight Support has made its first move into FBO management by buying the FlyingGroup facility at Paris Le Bourget Airport.

March 27, 2009

Dubai-based JetEx Flight Support has made its first move into FBO management by buying the FlyingGroup facility at Paris Le Bourget Airport. The FlyingGroup, based in Belgium, sold the FBO so that it can focus on its aircraft charter and management activities. Details of the sale were not disclosed.

According to JetEx CEO Adel Mardini, the Paris acquisition is part of a long-term strategy to establish an international network of FBOs. The company has plans to begin a comprehensive redevelopment of the Le Bourget premises to provide additional lounges and aircraft parking areas large enough to receive the Airbus A380. Its aim is to cater to the top end of business aviation, including head-of-state flights.

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