Wed 19 Nov 2008
Avjet Corporation, an international provider of private air travel solutions, announced a new strategic partnership with Executive Aircraft Sales (EAS) of Abu Dhabi, United Arab Emirates. The alliance provides for collaborative efforts in transacting aircraft sales and acquisitions in the region, as well as other markets around the globe.
The Avjet-EAS alliance, which expands Avjet`s strong global presence into Dubai, Abu Dhabi and Moscow, will focus on sales, acquisitions, management and charter operation of large-cabin aircraft, including the Boeing Business Jet (BBJ), Gulfstream aircraft and Global Express aircraft.
"This new business alliance with EAS builds on our specialization in large VIP aircraft," said Andrew C. Bradley, Avjet senior vice president, global sales and acquisitions. "The relationship with EAS expands our visibility in the Middle East, providing our domestic and global customers with more opportunities when it comes to buying or selling an aircraft."
"One of our primary criteria in selecting a strategic partner in the U.S. was our potential partner's reputation within the industry, both on a corporate level and in terms of its management team," said Emad Sharghi, chief executive officer of EAS. "Avjet not only meets but supersedes our stringent standards. With 300 transactions and over US$5 billion in sales, Avjet is a partner with the expertise, influence and financial strength to help us reach new territories and markets."
Mr. Sharghi added, "Despite the recent instability in the U.S. and European aircraft markets, we believe the regions in which we have a presence will maintain solid growth for the next five to 10 years. And the decision to partner with Avjet positions both companies to take full advantage of the eventual upturn that will occur in all aviation markets."