UK business aviation services provider Ocean Sky has broken ground on its new FBO at London Luton airport. On completion of the €10 million ($13 million) project in the third quarter, Ocean Sky says it will be able to handle three times as much business, cementing its position as a major player in the business aviation market,
"We are forecasting a significant increase in turnover at Luton, following the new FBO's opening," says Ocean Sky chief executive Steve Grimes. "With space for up to 30 aircraft at any one time, we will have the capacity in our first year to double our annual movements," he adds.
Ocean Sky set up its Luton base three years ago and set about expanding its portfolio of services at the site 50km (31 miles) north of London. Last year, it snapped up a 4,270m² (46,000ft²) hangar from Monarch Aircraft Engineering, which it is in the process of upgrading to make it fit for VIP aircraft, says Grimes.
The new FBO will cater for all types of business aircraft, from helicopters to long-range business jets. "Our diversified model covering ownership services, charter, sales and acquisition, interiors, engineering and handling protects us from fluctuations in the demand for private aviation travel. We are strongly committed to growth, which will see us expand our luxury offering to new locations in Europe and emerging territories," says Grimes.
The privately owned company completed its purchase of the sole FBO at Mahon airport in Menorca on 11 May. "The acquisition enables Ocean Sky to consolidate its position on the island and send the clear message that the Balearics are an important location for the Ocean Sky brand," says Grimes. Ocean Sky also has bases in Germany, Italy, Zurich, Russia and a second Spanish base in Ibiza.
Source: Flight Daily News
