Luxaviation Bullish on San Marino, To Remain Multi-AOC
17 October 2024
Luxaviation Group considers Luxaviation San Marino an essential element of its strategy" and will soon grow with a first bizliner, a BBJ2
Luxaviation Group considers Luxaviation San Marino (LSM, Rimini) "an essential element of its strategy" and will soon grow with a first bizliner, a B737-800(BBJ) (BBJ2), but plans to remain a multi-AOC holding using both the Luxaviation and ExecuJet brands for its subsidiaries, Chief Aviation Officer Robert Fisch told ch-aviation in an exclusive interview in Luxembourg.
"Within six years, we achieved 22 aircraft that are managed directly by Luxaviation San Marino, and we represent now about 42-43 San Marino-registered tails, which equals basically 10% of the fleet that is on San Marino's register," he commented, underlining the strong ties with San Marino.
Luxaviation's fleet operated in San Marino includes long-range Dassault Aviation and Bombardier Business Aircraft jets as well as midsize aircraft such as the Gulfstream G200 and Hawker 900XP. Fisch said the Sammarinese AOC, which is not overseen by the European Union Aviation Safety Administration (EASA), is well-positioned to be the "service provider" catering to the "specific needs" of customers from jurisdictions such as the United Kingdom, the United Arab Emirates, Asia, and parts of Africa.
Multi-AOC and brand strategy
Luxaviation Group currently owns fifteen AOCs in Europe, Africa, Asia, Australia, and Mexico, including units operating under the Luxaviation and ExecuJet brands (including helicopter AOC Starspeed in the UK). Fisch explained that this was a result of the acquisition of ExecuJet Aviation Group in 2015, after which the holding decided to retain and integrate new units rather than merge them into existing ones.