Jet Aviation offers Union Registry Account Opening and Administration service to help customers comply with European Union Emissions Trading System

Zurich / March 28, 2013 – Jet Aviation has expanded its management support service offerings to help aircraft owners and operators comply with the European Union’s Emissions Trading System (EU ETS) for aviation.

To meet the first trading phase requirements for flights as mandated by the EU ETS in 2012, all operators that are required to surrender emission allowances must open a Union Registry Account in their appointed member state and submit the allowances by April 30, 2013. A penalty of 100 euros ($130) per ton of CO2 emissions will be levied against operators who fail to submit sufficient allowances to cover excess emissions in 2012.

Jet Aviation is providing Union Registry Account opening and administration services to help operators seamlessly comply with the regulations and avoid non-compliance fines.

“Opening a Union Registry Account is a long and complex procedure,” says Matthias Gruber, manager EU ETS Services. “We are offering account opening and administration services to help our customers with the Registry Account process and ensure they submit allowances by April 30th to avoid fines.”

For more information about Jet Aviation’s EU ETS compliance services, please contact Matthias Gruber at ets.zurich@jetaviation.ch.

Aircraft management services offer owners and operators tailor-made solutions, developed to suit their individual needs. Jet Aviation's aircraft management includes in-house international dispatch services, flight planning and scheduling, flight-crew staffing, line operations and maintenance services as well as insurance, accounting and administrative services.

Jet Aviation, a wholly owned subsidiary of General Dynamics (NYSE: GD), was founded in Switzerland in 1967 and is one of the leading business aviation services companies in the world. Close to 4,500 employees cater to client needs from more than 20 facilities throughout Europe, the Middle East, Asia and North and South America. The company provides maintenance, completions and refurbishment, engineering, FBO and fuel services, along with aircraft management, charter services, aircraft sales and personnel services. Jet Aviation's European and U.S. aircraft management and charter divisions jointly operate a fleet of more than 250 aircraft. Please visit www.jetaviation.com and follow us on twitter: http://twitter.com/jetaviation.

More information about General Dynamics is available online at www.generaldynamics.com.

Loading