Jet Aviation to Provide Maintenance Services at Moscow’s Vnukovo International Airport

Moscow -– Jet Aviation and Vnukovo Invest have signed agreements which will allow Jet Aviation to provide maintenance services at Moscow Vnukovo International Airport within the next weeks. Jet Aviation will be the first global business aviation maintenance company to serve the growing business aviation community in Russia and the company’s clients who regularly fly to and from Moscow. Vnukovo airport is Moscow’s busiest airport for corporate aviation and handles nearly 70% of all business aviation traffic in Russia.

”We are very pleased that Jet Aviation, one of the most reputable companies in business aviation, has chosen Vnukovo International Airport to provide maintenance services on the field. With a global player such as Jet Aviation at Vnukovo we demonstrate our long-term commitment in supporting the business aviation community at our airport,” says Vitaly A. Vantsev, chairman of the board of directors at Vnukovo International Airport.

Jet Aviation’s CEO, Peter G. Edwards adds, “Given the extraordinary growth of business aviation in Russia, we felt the need to enter the region as soon as possible. Our clients and the OEMs have communicated clearly that they expect us to be here. With its high concentration of business aircraft and its prime location south-west of Moscow city center, we are now convinced that Vnukovo is the right airport for Jet Aviation to expand its services. This is an important first step and we look forward to expanding our service offerings at Vnukovo as we further develop a strong partnership with the airport authorities.”

At Vnukovo International Airport, one of the largest air transportation hubs in Russia, Jet Aviation will provide line maintenance, defect rectification and AOG services from a state-of-the-art hangar which is located next to the Vnukovo 3 FBO building. Jet Aviation will initially be staffed with a selected group of highly professional technicians and will expanding the facility continuously within the next few months.

Over the next few months, project manager Alexander Schlag will oversee the entire set-up phase of the Jet Aviation Moscow operation, which will be a local representation of Jet Aviation Dusseldorf. Schlag reports to Johannes Turzer, senior vice president and general manager for Jet Aviation’s German maintenance and FBO operations. Currently, negotiations with all major OEMs to obtain authorized service center status for the company’s new maintenance location in Moscow are well under way and first agreements will be announced within the next few weeks.

Jet Aviation will become the first global independent business aviation services company operating in the growing Russian market. Currently, corporate and private aircraft movements there are soaring, reaching growth rates of an average of 25% annually, highly concentrated in the Moscow area where Vnukovo International Airport reported an increase of 50% in 2007 compared to the previous year.

For more information visit www.jetaviation.com.