Ocean Sky has more than doubled the number of aircraft under its management in the first three months of 2009. Demand from Russia is driving the dramatic growth, with 11 aircraft signed over to Ocean Sky since the beginning of January and more expected by June.

The London-based full service operator, which has a strong presence in Moscow, attributes the dramatic increase in business to an "intensive scrutiny" of costs and charges. This has seen reductions of up to 30 percent passed on to clients.

"We understand that in these testing economic times private jet owners are rightly demanding even more efficiency from their contracts," says Niki Rokni, Managing Director Aircraft Sales and Acquisitions at Ocean Sky. "Looking at what was happening in the global economy we took the decision last year to review all overheads, and we mean all."

Rokni says that few owners want to sell their jets in the current market, because of depressed prices, but do want to keep them at substantially reduced operating costs.

The 11 new aircraft added to its managed fleet by Ocean Sky are all from owners within Russia and the CIS. Among them are two Gulfstream 150s, three Gulfstream 450s, one Gulfstream 550, one Challenger 604, two Challenger 605s, and two Falcon 900s. The two Falcons represent the first relationship between Ocean Sky and Dassault, the French aircraft manufacturer.

For more information visit www.oceansky.com.