FAI Aviation Group marks 30 years
FAI Aviation Group, Germany’s leading global provider of mission-critical aviation services celebrates 30 years of business jet operations.
Founded in 1987 as a private repatriation club flying helicopters, FAI moved into business jet flying two years later. “Reaching 30 years is a great achievement for our company and I am very proud of how far we have come,” said Siegfried Axtmann, FAI Aviation Group Founder and Chairman. “The company’s growth and success is testament to our commitment to safety, service and continued investment.” FAI’s team is now 200-strong.
Over the past three decades, Nuremberg-based FAI has grown its fixed wing fleet from a single Citation 500 and two rescue helicopters (Eurocopter AS 350 and Airbus BK 117) to become Germany’s largest business jet operator with 25 jets and over 13,500 hours logged in 2018.
Over the years FAI Aviation group has grown organically – and today the company has revenues in excess of €80m. It has offices in Dubai and Miami, FL and is a market leader in fixed wing air ambulance operations. Last year, the company was further strengthened by a significant minority stake investment by Bahrain Mumtalakat Holding Company (Mumtalakat), the sovereign wealth fund of the Kingdom of Bahrain, further opening up the Middle East market.