Luxaviation, the world’s largest business aircraft charter and management company, has formed a strategic collaboration with the Paragon Aviation Group and Chinese business jet charter and management company BAA, in a move designed to bolster its international presence and help expand its footprint in the lucrative US market.
The tie-up combines Paragon’s 27 mainly US-based independent fixed base operations (FBO) – including Van Nuys, California-based Clay Lacy and XJet of Englewood, Colorado – with Luxaviation’s ExecuJet chain of 25 FBOs, located in Africa, Asia, Australia, Europe, India and the Middle East.
“ExecuJet’s FBOs will join the Paragon network in the coming months, doubling its size and providing a substantial international presence,” says Luxaviation.
The Paragon FBOs will also become the preferred facilities for Luxaviation and BBA’s combined fleet of 300 business aircraft, helping to increase the traffic to these sites, adds the Luxembourg-headquartered company.
This collaboration enables Luxaviation to expand its footprint in the world’s largest business aviation market where its presence is currently limited to a charter sales office in Miami.
The firm has grown considerably since in its launch in 2009, when it had only a single business jet in its fleet, but the USA has not previously been a major focus.
Since 2011, Luxaviation has acquired six business aircraft companies – all based in Europe – and is now the world's largest charter and management company with a fleet of about 250 fixed-wing aircraft. It also manages more than 40 rotorcraft through its Luxaviation Helicopters division.