10.02.2011
FLUG REVUE

FAI growing fast – record sales in 2010

German Air Ambulance Spezialist and VIP-Carrier FAI rent-a-jet AG (dba Flight Ambulance International) just reported new record sales of above EUR 42 m in the year of 2010, what reflects an increase of 27 % vs. 2009 (EUR 33.2 m).

The growth of FAI´s three business divisions was 13 % in Air Ambulance, 16 % in Public Services and 32 % in VIP-Charter. The earning before taxes (EBT) was at EUR 5.7 m close to 20 % above 2009 (EUR 4.8 m).

For the year of 2011 FAI is expecting total sales of more than EUR 50 m, what again would reflect a growth of more than 20 %.

FAI´s current fleet is totalling 18 Jets, in March 2011 FAI is expecting delivery of a second Global Express, after the first aircraft of this type was put in service July last year. “With the acquisition of a second Global Express, FAI is responding to the high demand coming from this premium sector of VVIP-Travel, what also means that Global Express No. 3 could arrive very soon”, Siegfried Axtmann, FAI-Chairman, in a statement.

FAI is employing around 120 full-time employees at its home base Nuremberg/Germany plus approximately 40 part-time employees. Part-time employees consists of doctors and paramedics mostly. Beside its home base Nuremberg, FAI is maintaining line stations in Dakar/Senegal, Abidjan/Elfenbeinküste, Entebbe/Uganda and El Fasher/Sudan.

For the second quarter of 2011, FAI is scheduling to open another line station in Dubai/UAE. In mid of April 2011, FAI will celebrate the opening of its new Hangar 6 inclusive office-building at Nuremberg International Airport. The EUR 10 m investment is just undergoing final furnishing.




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