Luxaviation Group has marked a significant milestone in its journey towards increasing its leadership position in the FBO industry with the acquisition of Sky Valet.
This strategic move brings ExecuJet FBO network up to 141 FBOs across all key regions globally.
Michel Tohane, president of the FBO division at Luxaviation Group, will be spearheading the FBO integration of Sky Valet into Luxaviation Group with a special focus on the experienced staff of 90 new colleagues.
Tohane knows Sky Valet well, as he led its operations as executive vice president before joining Luxaviation in 2021.
He said, βBeing one of the global leaders in the FBO industry provides us today not only with the opportunity to further grow regionally. We also have the ambition to push the green agenda of the group and of business aviation as an industryβ.
A recent example of Luxaviationβs commitment to transitioning towards more sustainable air transport is the provisioning of Sustainable Aviation Fuel (SAF) to its clients at its Paris Le Bourget FBO.
Patrick Hansen, CEO of Luxaviation Group said,”This acquisition represents a pivotal moment for Luxaviation Group and our continued expansion in the global FBO market. After a regrouping phase following Covid, Luxaviation Group is focused enhancing our ability to deliver unparalleled service quality and operational excellence to our clients. Together with SkyValet, we continue expanding the reach of the ExecuJet Network and our ambition of sustainability,Β setting new benchmarks in the industry.”