Jet Aviation has signed a joint venture agreement to establish an aircraft management and charter operation in Malta. The company is working to obtain an air operator’s certificate from the Civil Aviation Directorate in Malta, which it expects to receive in the third quarter 2017. The joint venture partner, Luxury Business Jets, is part of a large holding company based in Slovakia. “It is a great opportunity for us to increase our presence in the aviation sector together with a strong and experienced partner like Jet Aviation,’’ says Jarka Sommeregger, CEO of Luxury Business Jets. The company has arranged for two aircraft, a BBJ1 and a Legacy 600, to be operated under the new Maltese AOC. These two additional aircraft will join Jet Aviation’s growing aircraft management and charter fleet in EMEA. In addition to the Malta operation, Jet Aviation continues to grow its aircraft management fleet. The company has signed four new aircraft management agreements in EMEA this year, including a Global 6000, a Global Express, a Learjet 60XR and a Gulfstream G650.
Australian sustainable aviation fuel industry receives massive boost with major investment
The Australian sustainable aviation fuel (SAF) industry has received a massive boost with a major joint investment. A Queensland biofuel refinery being jointly developed by Jet Zero Australia and LanzaJet is to receive investment from Qantas Group, Airbus, and the Queensland Government. The refinery is looking to produce SAF from agricultural by-products, including sugar cane.