Chauffair has acquired the four business jets it had leased from UK conglomerate Tomkins. This marks "the final curtain for the ownership of corporate jets by public companies, which are now opting to lease time in aircraft," says the Farnborough, UK-based charter and fractional leasing company.

The three Raytheon Hawker 700/800s and a Cessna Citation V will be joined by seven Citation Excels to be phased in from August. Chauffair recently joined with Flight Options, allowing the US fractional to offer its programme in Europe to US customers.

Source: Flight International