NEW ACQUISITIONS FOR THE LUXAVIATION GROUP

Luxembourg-headquartered Luxaviation Group continues to expand its global aviation footprint with the acquisition of two new companies: Sky Valet and most recently, Paragon Aviation Group.

As one of the largest business aircraft and helicopter operators, Luxaviation’s full acquisition of Paragon Aviation Group can now increase its customer backing providing robust support to its members through strategic sales and marketing initiatives via The Paragon Network and their Strategic Partners.

Paragon’s integration into Luxaviation’s extensive FBO network provides substantial international reach and superior services to general aviation customers worldwide. Members of the network benefit from enhanced business opportunities through group networking efforts and extended customer benefits.

“Our continued expansion in the global FBO market offers a compelling alternative to the major networks, ensuring premium service and comprehensive offerings for operators worldwide. Paragon Aviation Group, with their outstanding FBO services and esteemed industry reputation, enables us to strengthen our commitment to excellence and advance our strategic vision for growth.”

Crystal Kubeczka, who has be appointed as the new President of Paragon Aviation Group stated: “The Paragon team is committed to ensuring a seamless transition while upholding the high standards of service our clients expect. I am confident that the new leadership will continue to drive the company’s success.”

The Sky Valet acquisition bolsters Luxaviation’s ExecuJet FBO network, bringing it to a robust 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. “Being one of the global leaders in the FBO industry provides us today not only with the opportunity to further grow regionally,” commented Tohane. “We also have the ambition to push the green agenda of the group and of business aviation as an industry”. A recent example of Luxaviation’s 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.”

Hansen stated: “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, setting new benchmarks in the industry.

These two acquisitions mark another significant step in Luxaviation’s strategy to strengthen its position in the global market.