Fall / Winter 2005 / 06
Transcript of Fall / Winter 2005 / 06
M A G A Z I N E
The Magazine for Business Friends and Colleagues
Fall / Winter 2005 / 06
27630 Outside Cover.qxd 11/8/05 5:18 PM Page 2
2
CONTENTS
OUTLOOKFALL/WINTER 2005/06
Outlook is published bi-annuallyby the Jet Aviation Group of
Companies. It is intended for ourbusiness friends, colleagues and the
business aviation community.Outlook has a circulation of
20,000 copies. The contents may bereproduced, with credit to Outlook,
the magazine of Jet Aviation.Requests for more information
on subjects covered in this issue may be addressed to:
Jet Aviation Management AGZollikerstrasse 228
P.O. Box 5868034 Zurich / Switzerland
Tel. +41 58 158 8888Fax +41 58 158 [email protected]
www.jetaviation.com
©Copyright 2005 Jet Aviation. All rights reserved.
Cover photo: Jet Aviation first atReagan National Airport after 9/11- photo by Signature Flight Support
Publisher & Editor-In-ChiefHeinz R. Aebi
EditorsDarleen DeLisleEvelyne Gordon
Stacey KeatsMark Patiky
Patrick SniffenDenise Torre
Concept & LayoutTopLine Printing & Graphics
PhotographyEvelyne Gordon
Marius HuberStacey KeatsRandy Smith
Heinz Köhli, Chief Executive Officer
Largest wide-body aircraft maintenance project to date at Jet Aviation Basel
Redefining a Hawker 1000
Hawker 700A undergoes changes after sale to new owner
Refurbished Challenger 604 featured in Professional Pilot magazine
Jet Aviation Zurich
Jet Aviation envisions outfitting an Airbus A380 –where the sky is the limit
VIP interior for a Boeing B767 completion certifiedat Jet Aviation Engineering Services
Convenience significantly boosts traffic at Jet AviationLondon Biggin Hill
Dusseldorf officials award bid to operate new FBO to Jet Aviation
New Jet Aviation FBO in Dubai provides efficient in-house customs clearance
Permira new owner of Jet Aviation
Aircraft sales accelerating
Flight Support Solutions – A new program launchedin North America
Jet Aviation leads the way back to Reagan National Airport in Washington, DC
News & Information
5
7
9
13
14-15
18
EDITORIAL
MAINTENANCE
COMPLETIONS
ENGINEERING
FBO
SALES
MANAGEMENT
CHARTER
FEATURE
NEWS
3
4
5
6
7
8
9
10
11
12
13
14-15
16
17
18
19-23
27630 Inside Cover.qxd 11/9/05 10:29 AM Page 1
3
EDITORIAL
Dear Business Friends,Dear Colleagues,
As most of you have learned during the past fewmonths, our company has been acquired by Permira,a leading International private equity specialist. Onpage 14 and 15 of OUTLOOK magazine you willfind more information in a story featuring the newowners, the key people behind the Jet Aviationtransaction and about Permira’s reasons to invest inour company and their strategy.
Although this transaction marks the end of 38 yearsof successful Swiss entrepreneurship, the acquisitionby Permira also represents the start of a fresh andexciting chapter for Jet Aviation.
With the growth of private and businessaviation worldwide, the new owners arepursuing a clear strategy with the goal tofurther expand Jet Aviation’s leadingposition in the business aviationservices industry through organicgrowth and strategic acquisitions.
Our 3,500 employees and managementenjoy the full confidence of the newowners, and Permira is eager to work withthe current management team. We willcontinue to provide you, our valued customer,with the highest level of service, and we are
confident that the change in ownership will createadditional opportunities to serve you even better.
Business at Jet Aviation continues and the companywas recently selected amongst several topcompetitors to build and operate the new FBO at theDusseldorf International Airport. In the U.S. we havelaunched our Flight Support Solutions program forflight departments. A service that is a success inEurope and now has been adapted to the NorthAmerican market. We also are looking into the futureto address the needs of a new generation of aircraft –the Airbus A380. Our designers at Jet Aviation Baselhave come up with a number of distinct ideas for theoutfitting of this giant where only the sky is the limit.
In the United Arab Emirates, we celebrated the grandopening of our new maintenance and FBO location atDubai International Airport during this year’s DubaiAirshow. This long development was conceived in1999 and solidified in a joint venture agreement with the Dubai-based Al Mulla Business Group inFebruary 2002.
Construction began in 2004 and the project wascompleted in a record nine months. Jet AviationDubai opened its doors in April 2005 and became thefirst global aviation maintenance and FBO operationat this airport. The new facility marks theculmination of intense negotiations, planning,construction and hiring of personnel as well as asubstantial investment of several million U.S. dollars.
This is but one recent example of Jet Aviation on themove. You can be certain that we will continue toexpand our global network of services and facilities in
order to cater to our clients’ requirements. I am alsoconfident that we will announce other new
locations very soon.
Sincerely yours,
Heinz KöhliChief Executive Officer
27630 Text Pages_v5.qxd 11/10/05 6:12 PM Page 1
4
MAINTENANCE
LARGEST WIDE-BODY AIRCRAFT MAINTENANCEPROJECT TO DATE AT JET AVIATION BASEL
Jet Aviation’s Basel facility was awarded the largest
maintenance project on a wide-body aircraft to date,
and work got underway this fall.
The Boeing 767-300 ER, owned by a long-term
Jet Aviation customer, was originally outfitted at the
Basel facility nearly six years ago and is undergoing a
C1-C4 check – a task that will involve over 25,000
man hours. In an effort to complete the work within
the customer’s ambitious time-frame, Jet Aviation
Basel raised scaffolding around the aircraft allowing
for the most efficient work flow. During the course of
the project, the cabin was completely removed,
permitting technicians access to work areas. The
removal and reinstallation of the cabin alone
required nearly 10,000 man hours. “This project is
very special to us because we have a history with this
aircraft. Many of our technicians involved in the
maintenance checks today, were a part of the original
outfitting process. When a completions customer
insists on scheduling his aircraft for checks at our
facility, this speaks directly to the quality of the work
we perform,” states Michael Sattler, director of quality
& technical services at Jet Aviation Basel who has
taken the lead in this project.
The client also decided on avionics upgrades to the
aircraft. Engineers at Jet Aviation Basel installed a
state-of-the-art audio and video system, the highly-
touted audio/video on demand (AVOD), that
provides passengers with a selection of over 600
digitally stored films which they may independently
view as they wish.
CONTACT:Jet Aviation Basel
Tel. +41 58 158 4111
Fax +41 58 158 4004
Top: C1-C4 check beingcompleted
Bottom: Boeing 767-300 ER
27630 Text Pages_v5.qxd 11/10/05 6:13 PM Page 2
Jet Aviation Dallas prides itself on the fact that the
company’s capabilities allow the facility to work to the
client’s exact specifications and meet the highest
quality standards. This was exactly the experience of a
first time customer who brought his 1994 Hawker
1000 in for major structural inspections and a partial
refurbishment.
First, Jet Aviation Dallas performed a 12-month
structural inspection including non-destructive testing
such as X-ray checks. This comprehensive project
made it necessary to remove the entire cabin interior
as well as the belly fairings and the ventral tank. In
addition, the Hawker’s cockpit and cabin were
equipped with the latest communications and
entertainment devices, including, EGPWS; TCAS II;
RVSM; Honeywell NZ 2000 dual FMS, 406 MHz
ELT; 2hr CVR, FM Immunity; Aircell ST 3100 and
Satellite Phone System.
Once the maintenance and avionics aspects were
complete, the interior was transformed creating an
innovative new look.
The Hawker 1000 received new brown leather seats,
beige carpeting, new headliners, lower and upper
side panels and baggage compartments, with accents
of light maple woodwork throughout the cabin. “The
result was optimal aesthetic quality, user-friendly
functionality and operational simplicity,” said Thomas
Rimml, senior vice president and general manager at
Jet Aviation Dallas.
5
REDEFINING A HAWKER 1000
MAINTENANCE
CONTACT:Jet Aviation Dallas
Tel. + 1 214 350 8523
+ 1 800 966 2378
Fax + 1 214 350 5188
Top: Refurbished Interior
Left: Rudder Maintenance of Hawker 1000
27630 Text Pages_v5.qxd 11/10/05 6:13 PM Page 3
When an aircraft changes hands, the new owner
often wants a complete refurbishment, or at least
various upgrades to his purchase. The recent sale of a
Hawker 700A by Raytheon Aircraft Company
resulted in such work at Jet Aviation Zurich.
Requiring more than 5,000 man hours, the aircraft
underwent extensive work which was conducted in
cooperation with Raytheon Aircraft Company’s
Engineering team in Wichita, KS. Technicians agreed
that some of the electrical equipment on board was
no longer up to current standards, so a decision was
made to install a variety of new equipment which
included a UMS1E flight management system, TCAS
and transponder mode S, CTL and RVSM (reduced
vertical separation minimum) for which the aircraft
had to be modified.
The project was topped off by repainting the
exterior of the plane – displaying the brilliance of a
new aircraft.
6
MAINTENANCE
HAWKER 700A UNDERGOES CHANGES AFTER SALE TO NEW OWNER
Top: Cockpit with avionicsretrofit
Bottom Left: In the paint hangar
Bottom Right: Hawker 700Awith new paint scheme
CONTACT:Jet Aviation Zurich
Tel. +41 58 158 8111
Fax +41 58 158 8115
27630 Text Pages_v5.qxd 11/10/05 6:13 PM Page 4
7
COMPLETIONS
Market Air’s Challenger 604, which was recently
reconfigured at the Jet Aviation Palm Beach facility,
was considered so unique by industry experts, that
Pro Pilot magazine featured the aircraft as the cover
story in their September 2005 issue.
Seven years ago,
Jet Aviation outfitted
the customer’s first
aircraft, a Challenger
601. This time, the
customer requested
more space aboard his
new aircraft. James
Harrison, manager of
interiors/completions at
Jet Aviation Palm Beach,
who was in charge of
the project, explained,
“To increase the amount
of space in the cabin, we
changed the seating
arrangement and reconfigured the aft bulkhead which
provided more room in the baggage and lavatory
areas. We ultimately installed a new cabin shell from
the drink ledge up which gave the interior a more
modernized and spacious appearance.”
Custom-tiled Kashmir Gold granite flooring and
special hand-woven, basket weave patterned carpet
were ordered by the designers to create a new
dynamic décor. The seats, whose outboard armrests
are equipped with hidden compartments for
convenient headset storage, were re-upholstered in
various shades of tan leather and finished off with
French stitched seams in a contrasting thread color, to
highlight the detailed craftsmanship. The existing
wood veneer was replaced with Andiroba with a
unique pattern.
“To complete the project, we installed a state-of-the-
art cabin management system that offers new menu
driven panels and
an LCD screen
remote which can
be programmed
to control anything
in the cabin,”
said Brian Wilson,
Jet Aviation’s Palm
Beach avionics
manager.
Cockpits, Cabins & Comf
SEPTEMBER 2005
Dir of Flight Ops Frank Leventhal, Flight Attendant Lori Bateman,Chief of Maintenance Mike Long and Senior Capt Ray Taylor areshown L–R aboard Market Air’s Bombardier Challenger 604.Company also flies a Learjet 35A and Gulfstream IVSP on Part91 ops from ORF (Norfolk VA).
Dir of Flight Ops Frank Leventhal, Flight Attendant Lori Bateman,Chief of Maintenance Mike Long and Senior Capt Ray Taylor areshown L–R aboard Market Air’s Bombardier Challenger 604.Company also flies a Learjet 35A and Gulfstream IVSP on Part91 ops from ORF (Norfolk VA).
Market Air
REFURBISHED CHALLENGER 604 FEATURED IN PROFESSIONAL PILOT MAGAZINE
Left: Professional Pilot magazineSeptember 2005
Top Right: Challenger 604 interior
Bottom Right: Galley
CONTACT:Jet Aviation Palm Beach
Tel. +1 561 233 7250
Tel. +1 800 538 0724
Fax +1 561 233 7279
27630 Text Pages_v5.qxd 11/10/05 6:13 PM Page 5
8
COMPLETIONS
While repeat business speaks well for any
organization, long-standing customers allow company
officials to feel confident about the quality of service
their customers receive, with every visit. Such was
the case when a long-term customer scheduled two
aircraft for service at Jet Aviation’s Zurich facility.
An eight-seat Citation Excel, available for charter
in Europe, received new seats, carpets, side panels
and head liners to the aircraft in a soft, neutral
gray color.
A second Citation, an S2 model, will be appointed in
similar materials and colors and is also scheduled for a
Traffic Collision Avoidance System (TCAS)
installation.
In addition, the Zurich facility also was contracted
by Jet Aviation’s EMEA charter division to refurbish
and paint the company’s Citation Excel to
identically match the other aircraft in the
Jet Aviation Private Fleet.
CONTACT:Jet Aviation Zurich
Tel. +41 58 158 8111
Fax +41 58 158 8115
Top: Refurbished interior
Bottom Left: Citation Excel
Bottom Right: Interior of Jet Aviation’s Citation Excel
OWNER SCHEDULES TWO AIRCRAFT FORREFURBISHMENT AT JET AVIATION ZURICH
27630 Text Pages_v5.qxd 11/10/05 6:14 PM Page 6
“It’s only a matter of time when we will be asked to
submit a proposal for the outfitting of an A380 and we
plan to be prepared,” contemplates Rainer Albecker,
senior vice president and general manager at
Jet Aviation Basel.
Jet Aviation’s interior
design department
has developed a
variety of possible
layouts for this aircraft.
“When considering
the outfitting of an
A380, the sky really
is the limit. We have come up with a number of
distinct ideas – each with its own set of unique
elements – some of which are quite extraordinary,”
states Eric Jan, the head designer at Jet Aviation in
Basel. We envision onboard fitness rooms and gaming
tables reached by an elevator – open spaces and the
sheer size of the rooms will easily allow passengers
to forget that they are actually flying onboard
an aircraft.”
The utmost in privacy has been thoroughly thought
out and plans also include a large master bedroom
suite with an oversized bathroom and a separate
dressing area and luxurious and spacious VIP guest
rooms with full-sized beds.
9
COMPLETIONS
Top: Gym onboard A380Above: Master bedroom
Left: Gambling room with elevator
Bottom: Airbus A380
JET AVIATION ENVISIONS OUTFITTING AN AIRBUS A380 – WHERE THE SKY IS THE LIMIT
CONTACT:Jet Aviation Basel
Tel. +41 58 158 4111
Fax +41 58 158 4004
27630 Text Pages_v5.qxd 11/10/05 6:14 PM Page 7
Recently, a client’s need for special attention was the
mission when a Boeing B767 VIP interior needed
FAA certification. The multifaceted certification
took one year, and required close collaboration
between Jet Aviation Engineering Services and
Jet Aviation’s completions center in Basel.
Jet Aviation Engineering Services received a FAA
Supplemental Type Certificate (STC) for the Boeing
B767 VIP interior. While the interior was certified at
the company’s location at Kestrel Air Park near San
Antonio, the completion was done at the Basel
facility in Switzerland.
Even though the client’s wishes were complex and
the design requirements an engineering challenge,
the aircraft received its STC one month ahead
of schedule.
A spacious library, several bedrooms and adjoining
lavatories, two with custom made showers, were
among the interior fittings. An elaborate dining
room and salon were also installed. High-tech
amenities included state-of-the-art wireless internet
access, high speed data service, satellite TV, air
filtration and humidification systems, and a digital
entertainment and cabin management system. An
elaborate storage compartment, complete with
refrigerators to store wine and fine entrees, was
fitted into the forward cargo area, to be accessible
during flight.
10
ENGINEERING
CONTACT:Jet Aviation
Engineering Services
San Antonio, TX
Tel. +1 830 438 7486
Fax + 1 830 438 7811
VIP INTERIOR FOR A BOEING B767 COMPLETION CERTIFIED AT JET AVIATION ENGINEERING SERVICES
Left: Jet Aviation Engineering Services facility in San Antonio, TX
27630 Text Pages_v5.qxd 11/10/05 6:14 PM Page 8
11
FBO
Left: Jet Aviation London Biggin Hill facility
Bottom: Fueling Services
CONVENIENCE SIGNIFICANTLY BOOSTS TRAFFICAT JET AVIATION LONDON BIGGIN HILL
It comes as no surprise that during the first half
of 2005, traffic increased by more than 40 percent
at Jet Aviation London Biggin Hill. After all,
Jet Aviation’s facility in the United Kingdom
operating out of Biggin Hill airport, located only 12
miles (20 km) from central London, is commonly
known as the most convenient gateway to and from
the nation‘s capital.
“We have, without a doubt, benefited from the fact
that more and more aircraft operators have discovered
the convenience of Biggin Hill,” states Stephan Koss,
senior vice president and general manager at
Jet Aviation Biggin Hill. “Our clients appreciate that
they can expect the Jet Aviation style of service they
are accustomed to from all our locations around
the globe including when traveling to London or
to the surrounding areas.” Those services include
FBO services, maintenance, avionics installations,
refurbishment and exterior painting.
There may be another factor however that will
account for a continued increase in future traffic at
Jet Aviation Biggin Hill. The facility recently signed a
major contract with BP (British Petroleum) to offer
fueling services, a feature generating wide interest by
aircraft operators and owners. “The fact that we can
now offer fuel services will certainly help in attracting
customers to our FBO,” Koss predicts.
CONTACT:Jet Aviation
London Biggin Hill
Tel. +44 1959 579 600
Fax +44 1959 579 601
27630 Text Pages_v5.qxd 11/10/05 6:15 PM Page 9
12
FBO
DUSSELDORF AIRPORT OFFICIALS AWARD BIDTO OPERATE NEW FBO TO JET AVIATION
Dusseldorf airport authorities recently issued a
request for bids for a new executive terminal. After
several months of negotiations, Jet Aviation finally
won the bid and was selected from amongst several
top competitors to build the new FBO and executive
terminal at the Dusseldorf International Airport based
on the most convincing operational concept.
Construction of the new building is planned to begin
during December 2005 and the new executive
terminal is expected to be fully operational in the first
quarter of 2006. Currently, Jet Aviation provides FBO
services from its maintenance facility, which is located
in proximity to the new site.
The new facility will be the first FBO in Germany tooffer a fitness room as an amenity in the planned two-story building which will be in complete compliance with new air security requirements. In addition, customers and crew will benefit from in-house immigration and customs clearance,comfortable conference rooms and lounges and thelatest in state-of-the-art communications equipment.
“We are pleased that the airport authorities willentrust us with the operation of a new executiveterminal. The investment in a new facility willcertainly help us to better serve the growing businessaviation traffic at the Dusseldorf airport,” explainsJohannes Turzer, senior vice president and generalmanager at Jet Aviation Dusseldorf.
CONTACT:Jet Aviation Dusseldorf
Tel. +49 211 421 7062
Fax +49 211 421 7063
Top left: Executive Terminal ramp side
Bottom: Executive Terminal street side
27630 Text Pages_v5.qxd 11/10/05 6:15 PM Page 10
13
FBO
CONTACT:Jet Aviation Dubai
Tel. +971 4 207 3411
Fax +971 4 299 0701
Top Right: FBO and hangar
Bottom: Inside the hangar at Jet Aviation Dubai
When Jet Aviation opened its third facility in the
Middle East at Dubai International Airport in May
2005, the company immediately started to provide
maintenance services to a variety of aircraft types.
Since then, Jet Aviation has also become fully
operational as an FBO and enjoys a growing
clientele from around the world.
Private aircraft travelers and crew benefit from
in-house immigration and customs clearance at the
company’s newest FBO at Dubai International
Airport, avoiding the hassle of lengthy waiting lines
at the Airport Terminal. The facility is very
conveniently located on the northern side of the
airport near the Airport Free Zone and also offers
aircraft washing and cleaning in addition to its FBO
and maintenance services.
“Even though we are the youngest member of the
Jet Aviation Group, we strive to provide our
customers with the same level of premium services
they are accustomed to from other Jet Aviation
facilities around the world,” says Philip Balmer,
senior vice president and general manager.
The two story FBO building with an area of 1,050
square meters (11,300 square feet) features a
reception area and a refreshment center, VIP
customer and pilot lounges, a conference room, a
prayer room as well as private offices. Flight crew
members also have access to the latest technology in
weather briefing and flight planning.
NEW JET AVIATION FBO IN DUBAI PROVIDES EFFICIENT IN-HOUSE CUSTOMS CLEARANCE
27630 Text Pages_v5.qxd 11/10/05 6:15 PM Page 11
14
FEATURE
PERMIRA NEW OWNER OF JET AVIATION
In an official announcement and at a press
conference on October 5, 2005 in Zurich,
Switzerland, Permira stated that they had acquired
all shares of the Swiss based Jet Aviation Group
following antitrust clearance. In a statement,
Thomas Krenz, managing partner of Permira in
Frankfurt, Germany said, “Private and business
aviation is a growing market worldwide. In this
industry, Jet Aviation stands out with a unique and
distinctive profile making it an attractive investment
for the Permira Funds.”
Who are the new owners of Jet Aviation?
Permira is a leading international private equity
specialist with a team of about 90 professionals,
based in Frankfurt, London, Madrid, Milan,
New York, Paris, Stockholm and Tokyo. As an
independent company, Permira is owned and
controlled by its partners.
Who are the people behind the Jet Aviation
transaction?
Thomas Krenz, managing director
of the Frankfurt operations since
1999, is a member of Permira’s
operating committee. Krenz joined
the firm in 1988 and became partner
in 1991. He has been involved in
numerous transactions including
Premiere and Sirona Dental Systems.
Dr. Jörg Rockenhäuser joined
Permira in Frankfurt in 2001. He is
co-leader of the Technology,
Media and Telecommunications
sector team and also specializes in
aviation transport services.
Torsten Vogt joined Permira in
2001 in Frankfurt and is currently
based in the New York office. Besides
his involvement in Jet Aviation,
he is also a member of the global
Chemicals sector team at Permira.
What is Private Equity?
Private equity provides long-term, committed share
capital, to help unlisted companies grow and succeed.
If one plans to start up, expand, buy into a business,
buy out a division of a parent company, turnaround or
revitalize an enterprise, private equity could assist in
making these projects successful. Private equity is
invested in exchange for a stake in a company and, as
shareholders, the investors’ returns are dependent on
the growth and profitability of the business.
Benefits of Private Equity
Private equity backed enterprises show faster growth
compared to other companies. This is due to a
combination of capital and personal input from
private equity professionals, setting it apart from
other forms of finance. Private equity can help
achieve ambitious goals for the company and provide
a stable base for strategic decisions. In any case, a
private equity firm will always seek to increase a
company’s value to its owners, without interfering
with the day-to-day business.
Investments by Permira
Since 1985, the Permira Funds have completed more
than 270 private equity transactions in 15 countries,
ten of them during the last year, with a transaction
value of $19 billion. Permira Europe III, the current
fund advised by Permira, exceeds $5 billion.
Currently the Permira Funds invest in 46 portfolio
companies with a combined turnover of over
$38 billion and over 189,000 employees.
27630 Text Pages_v5.qxd 11/10/05 6:15 PM Page 12
15
FEATURE
An example of a successful investment was theacquisition of the Ferretti Group, headquartered inForli, Italy in February 1998. The world leader in themanufacturing of luxury motor yachts soon acquiredseveral companies in Italy and the U.S. after a changeof ownership and sales grew six-fold over a three yearperiod. In June of 2000, the Ferretti Group listed itsshares on the Italian Stock Exchange. However, when9/11 restricted Ferretti’s ability in 2001 to continue itsglobal expansion, Permira Funds re-invested. Today,the company employs more than 800 professionals inten plants in Italy and the U.S. and the business iscurrently growing annually by 30%.
Interview
An Industry with Excellent Growth Perspective
What were the reasons for the Permira Funds to invest
in Jet Aviation?
Thomas Krenz: Jet Aviation is one of the major
players in the growing business aviation market. The
company can rely on a successful management team
and has one of the best skilled and experienced work
forces in the industry. The stable European and U.S.
core businesses have also sustained profitable growth
and profitability.
During critical global crises over the last few years
beginning with 9/11, the Iraq war and SARS, the
company maintained its solid position. Jet Aviation
was able to quickly balance shortfalls in one area with
great performance in other lines of business or
regions. Management and employees demonstrated
their ability to handle difficult situations – important
assets and a great starting point for further growth.
What will change at Jet Aviation?Dr. Jörg Rockenhäuser: Jet Aviation is a uniquecompany and has been very successful in the past.However, typical for family run businesses, thecompany was not always able to capture all its growthopportunities. Jet Aviation is very well positioned inthe European market, but we believe that there ismore room for global expansion and growth. We seean opportunity especially in the U.S. market. There, the industry is currently consolidating and Jet Aviation is in a perfect position to take advantageof this trend. Krenz: Jet Aviation will now be able to act and reactvery quickly. I believe that the Permira Funds willprovide the optimal framework for Jet Aviation. Thecompany is in a strong growth stage and needs fastdecision making. We are convinced that Permira isthe ideal partner to back this process.
Are there any additional acquisitions planned? Rockenhäuser: We have not yet decided on anyadditional acquisitions. However, we have beenanalyzing the business aviation market very carefullyand in detail over the past few years. Together withJet Aviation’s management team, we will act veryquickly once we see an opportunity. Our goal is togrow Jet Aviation’s U.S. business to the same level asin Europe.
What are Permira’s goals for Jet Aviation?Krenz: We will strongly support Jet Aviation inbecoming the leading global business aviation serviceprovider – and want to foster the transition of thecompany from a very successful family ownedenterprise into a global leader. This means, over thenext years, Permira will support Jet Aviation’sambitious growth strategy in the U.S. and inemerging key markets.
CONTACT:Permira Beteiligungsberatung GmbH
Falkstrasse 5
DE-60487 Frankfurt am Main
Tel. +49 69 9714 660
Fax +49 69 9714 6699
www.permira.com
27630 Text Pages_v5.qxd 11/10/05 6:16 PM Page 13
Aircraft demand continues to increase and Jet Aviation is
meeting the challenge with the addition of new sales personnel,
aircraft listings and acquisition agreements. The department
has recently added five aircraft exclusively to its portfolio: a
Gulfstream V; Bombardier Challenger 604; Learjet 45;
Falcon 10; and, most recently a Raytheon Hawker 800XP.
Although much emphasis is placed on aircraft exclusively, the
group also provides acquisition services to clients seeking to
purchase either new or used aircraft.
Days on the market remain high across all aircraft types, with
long-range jets representing the smallest and youngest market.
“Good values are available for
aircraft buyers and sellers,
but finding them requires a
detailed search,” according to
Tony Kioussis, vice president
aircraft acquisitions and sales.
16
SALES
AIRCRAFT SALESACCELERATING
CONTACT:Jet Aviation
Aircraft Sales Dallas
Tel. +1 214 366 0133
Tel. +1 800 966 2378
Fax +1 214 352 4678
Clockwise from top right:Challenger 604; Gulfstream V;Hawker 800XP; Learjet 45;Falcon 10
October 18, 2005marked a historic daywhen Reagan NationalAirport (DCA) resumedoperations again forbusiness aviation forthe first time since
September 11, 2001. And Jet Aviationwas there – as the first company to bring in a private jet to celebrate thisextraordinary event.
Amongst the passengers aboard thisaircraft was also an Armed Security Officer,which is required by the TransportationSecurity Administration when flying into DCA. For those operators who make DCA again a future destination for their customers, our staffing firm, Jet Professionals, was the first one tolaunch a program to meet the newregulations and is currently hiring qualifiedlaw enforcement officers. This service is offered as well to clients who wish to be escorted by a qualified securityprofessional while traveling to otherairports that do not require this measure.
Good news from our Palm Beach FBO,maintenance and refurbishment centerafter hurricane Wilma. Even though thestorm was more severe than Frances andJeanne in 2004, our operation experiencedonly cosmetic damage. One day after the hurricane, our facilities were fullyoperational thanks to the efforts of all ouremployees. We look forward to servingyou again at our Palm Beach location.
Theo A. StaubPresident & COO
Jet Aviation North America
27630 Text Pages_v5.qxd 11/10/05 6:16 PM Page 14
Jet Aviation has launched a new service for flight
departments in North America. The program has
been named Flight Support Solutions and is designed
for owners, operators and flight departments to
become their extended arm while they retain full
control of aircraft operation.
Flight Support Solutions was successfully introduced
by Jet Aviation in Europe, the Middle and Far East
(EMEA) more than 20 years ago. Today, the European
operation provides flight support services to more
than 60 aircraft owners and operators in the EMEA
region and South America.
Pilots or flight department managers are constantly
seeking ways to optimize their operation, minimize
costs and risks and make the job of managing their
company’s asset an easier one. Jet Aviation now also
offers an à la carte menu in the North American
market from which a flight department can easily
select the support services best suited to meet their
specific needs and budget parameters.
Key points of the program are a full benefit of
Jet Aviation’s worldwide purchasing power when it
comes to fuel, insurance premiums, pilot training and
travel and accommodations for crew members. In
addition, the company’s 24-hour global
scheduling, domestic and international
planning, weather services, over-flight and
landing permits, and ground handling services
as well as a host of other services, can bring
much needed relief to flight departments,
whose most significant task is to ensure safe,
effective and hassle-free operation.
17
FLIGHT SUPPORT SOLUTIONS – A NEW PROGRAM LAUNCHED IN NORTH AMERICA
MANAGEMENT
CONTACT:Jet Aviation Business Jet
U.S. Flight Support Solutions
Teterboro, NJ/USA
Tel. +1 201 462 4134
Tel. +1 800 538 0832
Fax +1 201 462 4033
Jet Aviation Business Jets
EMEA Flight Support Solutions
Zurich, Switzerland
Tel. +41 58 158 8787
Fax +41 58 158 8785
27630 Text Pages_v5.qxd 11/10/05 6:16 PM Page 15
It was still dark at 6:48 a.m. EDT on October 18, 2005,
when the Jet Aviation flight touched down at Reagan
National Airport (DCA) in Washington, DC for the
first time since 9/11, when private aviation traffic to this
airport was halted for security reasons.
Rolling up to the local FBO at first light, the aircraft
passed under a water arch courtesy of the airport’s fire
trucks, and the passengers deplaned to wildly
enthusiastic cheers and applause from the assembled
crowd. DCA was back in business!
Federal security officials are allowing just 48 slots a day
for arrival and departures, and aircraft can only fly to
DCA from 12 gateway airports, of which Jet Aviation’s
FBO at Teterboro, NJ is one, where federal security
officials will screen passengers and crew members, and
search baggage and cargo holds. Aircraft operators
must submit flight plans, names of all crew members
and passengers to the Transportation Security
Administration (TSA) for background checks and
security-threat assessments. Among the passengers
aboard the Jet Aviation flight was James K. Coyne,
president of the National Air Transportation
Association, and for the first time, an Armed Security
Officer, required by the TSA.
To meet this new requirement, Jet Aviation has
established its own in-house Armed Security Officer
(ASO) program operated through its temporary and
full-time staffing firm, Jet Professionals LLC. The
company is currently working with law enforcement
agencies to recruit and screen qualified candidates and
is already able to offer this new ASO service.
18
CHARTER
JET AVIATION LEADS THE WAY BACK TO REAGAN NATIONAL AIRPORT IN WASHINGTON, DC
CONTACT:Jet Aviation Business Jets Charter
Aircraft Charter North AmericaTeterboro, NJ/USA
Tel. +1 201 462 4100Tel. +1 800 736 8538Fax +1 201 288 3195
Jet Aviation Business JetsAircraft Charter EMEA
Zurich, SwitzerlandTel. +41 58 158 8686
Tel. 0800 247 829(within Switzerland only)
Fax +41 58 158 [email protected]
Right: Directing aircraft at DCA
Bottom: Aircraft passing underwater archway
photo by AP/World Wide Photos
photo by Signature Flight Support
27630 Text Pages_v5.qxd 11/10/05 6:17 PM Page 16
19
NEWS
Basel – Additional hangar space will
help Jet Aviation Basel to handle the
growing number of aircraft that are
maintained at the facility. The deal
for the former Crossair hangar adds
5,000 more square meters of hangar
space to the facility, which brings
the total to 20,000 square meters
(215,200 sq.ft.) in Basel. The
agreement was signed in September
2005 with Swiss International Air
Lines. Currently, the Basel facility
serves close to 40 aircraft on
any given day for maintenance,
completions and exterior painting.
30% MORE HANGAR SPACE NOW
AVAILABLE IN BASEL
STRUCTURALDAMAGE REPAIR ON
GULFSTREAM II
Boston / Bedford – Jet Aviation
Boston/Bedford has just launched a
mobile maintenance truck program
that travels in and around New
England to serve customers at
their off-site locations anytime.
Technicians will be able to perform
inspections or other aircraft services
using the fully equipped truck at the
aircraft’s location.
In conjunction with the new mobile
maintenance service, Jet Aviation also
obtained special ramp access for the
trucks from the Massachusetts Port
Authority to service any airplane at
Logan International Airport, either
general or commercial aviation related.
Jet Aviation BaselTel. +41 58 158 4111Fax +41 58 158 4004
Jet Aviation Boston/BedfordTel. +1 781 274 0030Tel. +1 800 538 0233Fax +1 781 274 6573
Jet Aviation ChicagoTel. +1 773 581 6575Tel. +1 800 232 5388Fax +1 773 581 2635
CONTACT:
Basel – Serious structural damage
was recently discovered during a
routine underfloor inspection on
a customer’s Gulfstream II at
Jet Aviation Basel. Three of the
beams were bent out of shape
and needed to be reproduced by
Gulfstream. The aircraft, which
was originally brought in for a
MOBILE TRUCKPROGRAM FORMAINTENANCE
refurbishment and regular scheduled
maintenance, will also receive a
complete paint job once the damage
has been repaired.
Chicago – Jet Aviation and
Duncan Avionics have teamed up
with Atlantic Aviation at Chicago-
Midway Airport. The services include
line maintenance, light inspections,
installations and AOG services at the
Atlantic Aviation Midway facility.
Business hours are from 7:00 a.m. -
11:30 p.m. Monday - Friday and
AOG or unscheduled maintenance is
offered 24 hours a day, seven days
a week.
JET AVIATION NOWOFFERS MAINTENANCEAT CHICAGO MIDWAY
AIRPORT
27630 Text Pages_v5.qxd 11/10/05 6:17 PM Page 17
20
NEWS
Jet Aviation DallasTel. +1 214 350 8523Tel. +1 800 966 2378Fax +1 214 350 [email protected]
Jet Aviation DubaiTel. +971 4 299 4464Fax +971 4 299 4484
Jet Aviation DusseldorfTel. +49 211 454 97-0Fax +49 211 454 3423
Jet Aviation SingaporeTel. +65 6481 5311Fax +65 6481 8336
CONTACT:
Singapore – Thomas Rüdisühli has
taken over the helm at Jet Aviation
Singapore as new vice president and
general manager. He has a strong
background in maintenance and over
ten years of experience in the
aviation industry, most recently as a
captain of a large
business jet and
director of crew
training.
Rüdisühli is responsible for the
maintenance and FBO operation and
replaces Geoffrey Hopkins who
returned to his native Australia.
THOMAS RÜDISÜHLIAPPOINTED AS NEW
GENERAL MANAGER INSINGAPORE
HANGAR EXPANSIONCOMPLETED AT
JET AVIATIONDUSSELDORF
Dusseldorf – Jet Aviation Dusseldorf
recently added 1,900 square meters
(20,450 sq.ft.) of workspace to one
of its existing hangars. Despite an
THREE SHIFTOPERATION IN DALLAS
Dallas – Jet Aviation Dallas
now offers 24-hour maintenance
operations Monday through Friday.
Weekends are staffed 10 hours each
day, with on-call 24/7 to support
Citation, King Air, Hawker, Beech
400, LearJet, Falcon 10 and Falcon
50 aircraft. This new capability
enables Jet Aviation to provide
full coverage for scheduled or
unscheduled work around the clock
and complements the existing 24-
hour FBO operation. In addition,
Jet Aviation’s AOG team is available
to travel wherever an aircraft is in
need of service.
JET AVIATION DUBAIAND SINGAPOREAPPOINTED BBJAUTHORIZED
SERVICE CENTERS
Dubai / Singapore – During this
year’s NBAA convention and Dubai
Airshow, Boeing Business Jets
announced that the company had
selected Jet Aviation Dubai and
Singapore as BBJ authorized service
centers. The two facilities will
provide maintenance, repair and
overhaul services as well as
warranty work to BBJ owners.
This brings the total of Jet Aviation
BBJ authorized service centers to
four, including the company’s
locations in Basel and Geneva,
Switzerland.
ambitious and tight work schedule,
construction was finished on time
and the facility, which now offers six
new maintenance bays, is ready to
handle the growing number of
maintenance customers.
27630 Text Pages_v5.qxd 11/10/05 6:18 PM Page 18
21
NEWS
CONTACT:
JET AVIATION NOW A JSSI MAINTENANCE
SERVICE PROVIDER
Boston/Bedford, Dallas, Palm
Beach, Teterboro – Jet Aviation
and Jet Support Services, Inc. (JSSI)
have signed an agreement making
Jet Aviation a maintenance service
provider to JSSI customer aircraft in
the United States. The agreement
offers Jet Aviation the opportunity to
handle the maintenance needs for
over 100 aircraft in JSSI’s Tip to Tail
program, and over 1,000 aircraft in
the engine program.
NEW LUXURYAMENITIES SUPPLIER
FOR PALM BEACHCOMPLETIONS
DIVISION
Palm Beach – Jet Aviation selected
Dahlgren Duck & Associates, a
provider of custom luxury accessories,
as its preferred amenity supplier.
Dahlgren Duck & Associates will
provide china, crystal, silver, linens
and throw blankets for Jet Aviation’s
business aircraft refurbishment and
completions projects.
BEST AIRCRAFTWASHING IN THE
MIDDLE EAST
Jeddah – Jet Aviation’s Jeddah FBO is
renowned as the best aircraft washing
facility in the Middle East and is,
therefore, often a destination for
aircraft operators in the Middle East
to just bring their aircraft for cleaning.
During downtime, a team of hard-
Jet Aviation BaselTel. +41 58 158 4111Fax +41 58 158 4004
Jet Aviation Boston/BedfordTel. +1 781 274 0030Tel. +1 800 538 0233Fax +1 781 274 6573
Jet Aviation DallasTel. +1 214 350 8523Tel. +1 800 966 2378Fax +1 214 350 5188
Jet Aviation JeddahTel. +966 2 685 0400 Fax +966 2 685 0406
Jet Aviation Palm BeachTel. +1 561 233 7200Tel. +1 800 538 0724Fax +1 561 233 [email protected]
Jet Aviation TeterboroTel. +1 201 462 4000Tel. +1 800 538 0832Fax +1 201 462 [email protected]
A320 TO BE OUTFITTED IN BASEL
Basel – Jet Aviation Basel has signed
a contract with a customer based in
the Middle East for the outfitting
of an Airbus 320. After intense
negotiations, the order was placed
and the aircraft arrived in Basel only
a week later. The team at Basel is
faced with a very tight schedule –
the aircraft needs to be completed
within seven months of arriving at
the facility.
working aircraft cleaners under the
supervision of Ibrahim Duale is busy
maintaining their reputation as the
best aircraft washers in the Middle East.
27630 Text Pages_v5.qxd 11/10/05 6:18 PM Page 19
22
NEWS
CONTACT:
Jet Aviation Business JetsEMEA Aircraft Management
Zurich, SwitzerlandTel. +41 58 158 8787Fax +41 58 158 8785
Jet Aviation Business JetsU.S. Aircraft Management
Teterboro, NJ/USATel. +1 201 462 4134Tel. +1 800 538 0832Fax +1 201 462 4033
Jet Aviation Business Jets CharterAircraft Charter North America
Teterboro, NJ/USATel. +1 201 462 4100Tel. +1 800 736 8538Fax +1 201 288 3195
Jet Aviation DallasTel. + 1 214 350 8523
+ 1 800 966 2378Fax + 1 214 350 [email protected]
Teterboro – Jet Aviation’s U.S.
charter services division has hired
Lucille Russell as
new quality assurance
specialist. Ms. Russell
will regularly visit
preferred vendors that
Zurich / Teterboro – Jet Aviation’s
aircraft management divisions in
Zurich and Teterboro have recently
signed a total of 19 new aircraft
management and flight support
agreements. Among them is the
first A319CJ under Jet Aviation
management, as well as two more
BBJs, several Gulfstreams and two
Embraer Legacys. Of the 19 aircraft,
12 are operated out of airports in
Europe, the Middle or Far East,
while seven call a U.S. airport their
home base.
19 NEW AIRCRAFTUNDER MANAGEMENT
are used within the company’s
charter services program to ensure
that aircraft, pilots and maintenance
services are compliant with
Jet Aviation’s high standards.
As an aviation veteran of more than
25 years, Ms. Russell also has logged
over 6,000 flight hours on several
of the aircraft she will inspect.
Additionally, she is an active flight
instructor on multi-engine aircraft.
QUALITY ASSURANCESPECIALIST TO
ENSURE HIGHESTSTANDARDS IN
CHARTER AIRCRAFTARE MET
Teterboro – Jet Aviation recently
celebrated the one year anniversary
of Privileged TRAVEL, a private jet
travel card program offered by
the company’s Charter Services
Department. The program allows
customers to experience private
business jet travel without major
financial commitments, capital risk
PRIVILEGED TRAVEL™CHARTER CARD
PROGRAM CELEBRATESONE YEAR
ANNIVERSARY
of ownership, hidden fees
or empty-leg charges. Privileged
TRAVEL works like a debit card,
with the cost of travel deducted on a
per-trip basis and is the first program
that offers a 10-hour introductory card.
WINGS AND WHEELSAT DALLAS LOVEFIELD TO BENEFIT
CHARITY
Dallas - Jet Aviation hosted its first
annual Wings and Wheels Dallas
event at Dallas Love Field, on
October 6, an artistically spectacular
27630 Text Pages_v5.qxd 11/10/05 6:18 PM Page 20
23
NEWS
CONTACT:
Jet Aviation London Biggin HillTel. +44 1959 579 600Fax +44 1959 579 601
Jet Aviation TeterboroTel. +1 201 462 4000
+1 800 538 0832Fax +1 201 462 [email protected]
Jet Aviation Business JetsAircraft Charter
Europe, Middle/Far EastZurich, Switzerland
Tel. +41 58 158 8686Tel. 0800 247 829
(within Switzerland only)
Fax +41 58 158 [email protected]
SUNSET ON THEHUDSON
London Biggin Hill – In
September, Jet Aviation
Biggin Hill hosted the
crew and actors of the
film “The Da Vinci Code.”
Teterboro – On one of the nicest
evenings of late summer, 200 clients
of Jet Aviation Teterboro sailed
aboard the yacht Atlantica on a
sunset cruise on the Hudson River
around Manhattan, NY. This was a
great opportunity to thank the many
customers for being part of the
Jet Aviation family while all the
clients enjoyed a wonderful event
aboard the yacht at a beautiful sunset.
celebration of automobiles, private
aircraft, fine living and high fashion
that benefited the Susan G. Komen
Foundation during October breast
cancer awareness month.
Over 600 invited guests of this
event included the who’s who of
Dallas society, Jet Aviation and
sponsor clients, and business and
community leaders.
Highlights of Wings and Wheels
Dallas included an impressive
exhibition of private jets from Adam
Aircraft, Cessna Citation, Bombardier
Flexjet, Embraer, Gulfstream, Piaggio
America, Raytheon and luxurious
automobiles from Maybach, Porsche,
Lamborghini and Ferrari as well as
NASCAR racing cars.
One of the
facility’s hangars
was the site for the
filming of a scene
for the new movie
based on Dan Brown’s bestselling
novel by the same name. The movie,
starring Tom Hanks, Audrey Tautou,
Alfred Molina and Sir Ian McKellen
is scheduled for release in May 2006.
BIGGIN HILL HOSTSFILM CREW AND
ACTORS OFTHE DA VINCI CODE
LEGEND TO ENJOY
in August. Sponsored by Jet Aviation
and organized by the Spitfire Luxury
Company based in Küsnacht, the
aircraft stopped at Zurich airport
where Jet Aviation organized a
media event.
Pilot Clifford Rodney Spink, former
General of the Royal Air Force,
entertained the audience with two
spectacular low level flights over
Zurich airport before taking off on
the maiden flight to Europe’s highest
airport in St. Moritz, 1,707 meters
(5,600 ft) above sea level.
Zurich – Built in 1942 and featured
in the 1969 film “Battle of Britain”,
one of the legendary Spitfire aircraft,
the BM597, was visiting Switzerland
27630 Inside Cover.qxd 11/8/05 5:11 PM Page 2
27630 Outside Cover.qxd 11/4/05 1:38 PM Page 1