• I FLIGHT OF FANCY I • THE SKY IS THE LIMIT

With the acquisition of Exe<: - ~~t, Luxaviation marks its place as a global aviation f ~e to be reckoned with.

uxaviation, 's top corporate grow its reputation and, through increased welcome our new colleagues in ExecuJet, aviation group headquartered economies of scale, continue to offer the whose international experience will be L in has acquired very best service standards." invaluable as Luxaviation continues to expand," ExecuJet Aviation Group based in , ExecuJet Aviation Group was mentions Patrick Hansen, CEO of Luxaviation . The deal will see Luxaviation founded in 1991 and is operating in six Group and Chairman of ExecuJet. acquire the entire share capital of ExecuJet regions specifically Europe, , Asia, and, thus, become the second largest , and the corporate aircraft operator in the world. , with over 1 ,000 employees The ExecuJet Aviation Group is now led by worldwide. With 165 aircrafts from CEO Gerrit Sasson, who was the former ExecuJet, Luxaviation would now have President and COO. more than 250 corporate aircrafts under its Niall Olver, CEO and Chairman of wing. A part of ExecuJet's fleet includes ExecuJet Aviation Group, says, "This the Boeing Business Jet and a wide market consolidation will bring a range fleet of Global Express along with other of benefits to ExecuJet and its clients, Bombardier products. Services such as including the sharing of local knowledge aircraft management and maintenance are and expertise with sister companies in included in ExecuJet's service portfolio. the Luxaviation Group." He adds, "I step "ExecuJet's operations give us a down as CEO and Chairman safe in the strong presence in some of the world's knowledge that this transition marks the fastest growing business aviation markets, (L-R): Charlotte Pedersen, COO, Luxaviation Group, Patrick Hansen, CEO Luxaviation Group, new Chairman, ExecuJet start of yet another exciting chapter in the including Asia, Latin America and the Aviation Group, Niall Olver, outgoing founding CEO and history of ExecuJet. By joining forces with Middle East, as well as a significantly Chairman, ExecuJet Aviation Group, Gerrit Basson, new CEO Luxaviation Group, ExecuJet will further larger managed fleet. We are delighted to and former President and COO, ExecuJet Aviation Group.

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