Jet Aviation Moscow Vnukovo Signs Cooperation, Management Support Agreement with VNI

Jun 7, 2011 11:43 AM

Jet Aviation Moscow Vnukovo recently signed an agreement with Vnukovo Invest (VNI), co-owner of Vnukovo International Airport in Moscow, fortifying its continued cooperation and permitting Jet Aviation to further develop its interests at Moscow Vnukovo.

To strengthen and reaffirm their business relationships, Jet Aviation Moscow Vnukovo and Vnukovo Invest (VNI) have agreed to extend their contractual terms to enable Jet Aviation to continue developing its service offerings at Vnukovo. Development plans include the company’s occupation of a new hangar, storage and office facility later this year. This agreement enhances Jet Aviation’s light scheduled maintenance capacity.

“The business aviation community in Russia is strong and growing,” said Ian Ludlow, general director at Jet Aviation Moscow Vnukovo. “As the only MRO provider serving the business aviation community in the greater Moscow area, this facility expansion supports our rapidly growing spare parts capacity in Russia and our ultimate ability to enhance our service offerings to our customers at the leading business airport in the country.”

Jet Aviation is the first global business aviation maintenance company to have entered the Russian market. The company began operating at Moscow’s Vnukovo airport in November 2007 and has offered 24/7 line maintenance and AOG support throughout Russia since 2009.

Jet Aviation Moscow Vnukovo provides 24/7 technical maintenance services, including line maintenance, defect rectification and AOG services, at Vnukovo International Airport to Bombardier, Gulfstream, Embraer and Hawker aircraft operators. As part of Jet Aviation’s global MRO network, the company particularly also supports AOG requirements in the Russian region. Jet Aviation Moscow Vnukovo is a line maintenance, AOG and authorized warranty line service facility for Bombardier aircraft products as well as an authorized line service facility for the full line of Gulfstream jets. Located next to the Vnukovo 3 FBO, the facility currently holds maintenance approvals from EASA #145.0472, Aruba DCA and Bermuda DCA.

Jet Aviation, a wholly owned subsidiary of General Dynamics (NYSE: GD), was founded in Switzerland in 1967 and is one of the leading business aviation services companies in the world. Close to 5,000 employees cater to client needs from 24 airport facilities throughout Europe, the Middle East, Asia and North and South America. The company provides maintenance, completions and refurbishment, engineering, fixed base operations, along with aircraft management, charter services, aircraft sales and personnel services. Jet Aviation's European and U.S. aircraft management and charter divisions jointly operate a fleet of more than 200 aircraft. For more information, please visit www.jetaviation.com.

More information about General Dynamics is available online atwww.generaldynamics.com.

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