Jet Aviation plans to expand its Hong Kong operation after securing four new managed aircraft contracts.
The Switzerland-based services provider says its managed fleet in Hong Kong will grow from only one to five aircraft later this year following deliveries of two Bombardier Challenger 604s and two Gulfstream G550s. Industry sources say the two 604s have been acquired by a Hong Kong-based company and will be delivered in March. They say the two G550s have been acquired by two separate Hong Kong-based companies and will be delivered in the third and fourth quarter of this year.
The Challenger 604 customer also has acquired a Bombardier Global Express for delivery in 2007 (Flight International, 11-17 October 2005). The aircraft were purchased last year and Jet Aviation subsequently beat out Hong Kong-based Metrojet for the management contract.
Jet Aviation now only manages one Global Express in Hong Kong using a portion of a hangar owned by the Hong Kong Business Aviation Centre (BAC), but hopes to lease some space in a second hangar to be built by Hong Kong BAC.