FAI Aviation Group, a global leader in mission-critical aviation services, has announced consolidated revenues of €130 million for 2024, maintaining its impressive performance from the previous year.
Continuing its ambitious fleet renewal program, FAI has introduced a second Learjet 60 XR, expanding its 16-strong Bombardier fleet. The newly added aircraft, registered as D-CFAQ, replaces one of four older Learjet 60 models.
Looking ahead, FAI plans to replace all remaining Learjet 60s with the advanced XR model within the next 24 months. Simultaneously, the company is exploring upgrades for its fleet of Bombardier Challenger and Global Express aircraft, eyeing the Challenger 605 and Global 6000 as potential replacements for six Challenger 604s and five Global Express BD 700s, respectively.
In other news, FAI Technik, the MRO division of FAI Aviation Group confirms it will close its Berlin maintenance base at “Willy Brandt” Berlin Brandenburg Airport (BER) by March 31st.
The move follows a lengthy period of unsuccessful negotiations with the airport company to acquire lease land for developing a purpose-built state-of-the-art hangar facility.
FAI´s Founder and Group Chairman, Siegfried Axtmann, said:
“Regrettably, our requirement for a brand-new MRO facility at BER in near future was not feasible. The existing structure, which dates back to post Second World War times, no longer met our expectations, nor those of our customers. This, along with the airport´s requirement for a long-term lease agreement and a significant increase in lease fees, made continuing at BER untenable.”
FAI Technik confirms that all of its non Berlin-based clients, which make up more than 95% of the Berlin MRO’s revenue, will be served at its Nuremberg facilities. FAI’s workforce in Nuremberg will be increased accordingly.
FAI Aviation Group will be exhibiting at AERO Friedrichshafen during 9-12 April, 2025 in the new Business Aviation Dome 12 at A2-311. It will also exhibit a Challenger 604 with brand new interior and equipped with ultra-high-speed internet (Ku Band) on the Static Display (SD-07). FAI`s charter team and experts from the MRO division will be on site to answer delegates’ questions.
About FAI Aviation Group
FAI Aviation Group operates Germany´s largest fleet of Bombardier business jets. The fleet includes five Bombardier Global Express, six Challenger 604s and six Learjet 60s. FAI runs a 14,000 m² carbon-neutral fixed-base operation at its Nuremberg, Germany headquarters, employing a staff of close to 300 people, including a staff of ca. 80 people at its MRO in Nuremberg. FAI´s Group consolidated revenues in 2024 were €130M with a fleet utilization of more than 12,000 hours of flight time.
FAI is “Official Partner” of the McLaren Formula 1 Team and FC Bayern München.
In 2012, 2020 and 2021 FAI received the prestigious Award “Air Ambulance Company of the Year” from ITIJ Magazine.
In 2021, FAI was awarded the Pandemic Response Special Award in recognition of its response to the Covid-19 pandemic.
In 2022, FAI was awarded “20 years of Aviation Excellence in the Middle East” by MEA Business at the Aviation Innovation Awards.
In 2023, FAI was awarded “Air Ambulance Company of the Year” from Middle East Aviation Awards during Dubai Airshow.
In 2024, FAI was awarded “Outstanding Sector Leadership and Growth Award” by MEA Business.
In 2024, FAI achieved “Platinum Argus Charter” and “ISBAO” Certifications.
In 2024, FAI was awarded “Most Innovative Air Ambulance Service” at the Middle East Aviation Business Awards.
No comments for “FAI Aviation Group Maintains Strong Revenue and Accelerates Fleet Modernization”