GlobeAir, Europe’s leading air taxi operator with the world´s largest fleet of Citation Mustang jets, has announced a strategic partnership with London City Airport.

In 2016 there were over 3,800 business aircraft departures from London City Airport, with the latest GlobeAir deal forming part of a wider strategy to attract more business aircraft.

London City Airport's Private Jet Centre is the only one situated within London itself, which means passengers arrive closer to key business districts. It is three miles from Canary Wharf and five miles from the City. Upon arrival at London City Airport, it takes just 90 seconds to alight the aircraft, clear customs and be in a car en-route to where the passenger needs to be. Similarly, those flying from London City Airport have access to a dedicated on-site car park for private jet customers, and again it takes just ninety seconds to walk from the car, pass through security and board a private jet.

Growing London business aviation market

New analysis from GlobeAir reveals that there were over 3,700 business aircraft flights into and out of London’s major airports in March 2017, which was 11% more than a year earlier. Over the duration of Q1 2017 there was just over 10,000 flights, representing a 9.3% increase on Q1 2016.

Nick Rose, Director of Business Aviation at London City Airport said: “We have ambitious growth plans and a key part of this is to attract more business aircraft. We offer business travellers unparalleled access to London and unbeatable convenience and speed. “GlobeAir is one of the biggest business aviation operators in Europe and we are delighted that they will now be offering clients the opportunity to land and depart from our airport.” Bernhard Fragner, CEO of GlobeAir commented: “London is our second biggest market and it’s growing rapidly. In 2016 we operated 492 departures from London-based airports and the corresponding figure for 2015 is 368, which shows an increase of 34%. "By offering our clients the opportunity to use London City Airport, we expect to see further significant growth in our London-based business.”

Bernhard Fragner, CEO of GlobeAir

London City Airport recently announced that it’s making a £350 million private investment in the City Airport Development Programme, with plans to build seven new aircraft stands, a parallel taxiway, and to extend the main passenger terminal. In 2016, the airport had 80,000 air traffic movements, with the expansion programme enabling a a further 30,000 annual flights. The new infrastructure will mean the airport is capable of welcoming up to 6.5 million annual passengers – an significant increase on the 4.5 million passengers which used the airport in 2016. The airport’s expansion is due to be completed by 2021. London City Airport also recently opened a new Business Lounge offering a premium customer experience for all passengers at for £35 per person. It is housed in a newly transformed area of the airport’s Private Jet Centre, easily accessible from the main terminal via a private taxi shuttle.

With GlobeAir’s fleet of Citation Mustang jets, it is able to connect to more than 1,500 airports around Europe and North Africa, including those with a short runway not accessible to commercial airlines. Travelers appreciate the advantages of being able to cover multiple business destinations in the same day, with a flexible departure time according to their own schedule.

Globair enjoys strong growth in Q1 2017

In further news, GlobeAir has acquired two new Citation Mustang jets, taking the total it owns to 16, which confirms its prominence in the Very Light Jet sector with the largest fleet of Citation Mustangs of anywhere in the world.

The increased size of its fleet is needed to support the company’s strong growth.

The company logged 582 flights in Q1 2017 averaging 1 hour and 20 minutes, and a high rate of utilization averaging 157 flight hours per aircraft, which is a 31% increase on the same period last year. GlobeAir’s early success in 2017 builds on strong growth in 2016. Last year, it delivered revenue of €21.3 million, up 19.6% on 2015.

Mauro De Rosa, Chief Marketing & Sales Officer, of GlobeAir comments: “We are seeing strong and steady growth for our services; mainly driven by C-suite executives who understand the opportunity cost gained in saving time through efficient travel.

“Entrepreneurs and executives are switching on to the idea that private jet charter is not just for the super-rich. In today’s global economy, they see the value of using business aviation to speed up their deals and lift their companies to higher levels of efficiency.

“Compared to the past, what is remarkable is that not only large corporations, but also local enterprises and promising start-ups, are making greater use of the air taxi industry.

“It is obvious that flying directly to the final destination by private jet is more convenient and comfortable for those who have limited time, although what is more important is that a GlobeAir flight allows the user to schedule business travel to at least three times more destinations in Europe than airlines.”

When looking at last year, the three departure countries that GlobeAir saw the biggest increase in cross border revenue flights were France, United Kingdom and Switzerland where they saw rises of 19%, 36% in departures and 5% respectively on 2015.

GlobeAir’s fleet of Citation Mustang jets is able to connect to more than 1,500 airports around Europe and North Africa, including those with a short runway not accessible to commercial airlines. Travelers appreciate the advantages of being able to cover multiple business destinations in the same day, with a flexible departure time according to their own schedule.

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