German operator FAI rent-a-jet has begun the year with optimism, reporting increased revenue, an expanding fleet and growing infrastructure.
The company's first Falcon 7X and a third Global Express have joined the charter fleet and will be operated under management for the owner. These follow a fifth Learjet 60 that was added in December and bring the inventory to 22, of which 15 are FAI-owned.
By the end of 2013, the company expects to have expanded its FBO facilities at Nuremberg International airport with another 3,000 sq m hangar, in a bid to make the company more attractive for aircraft owners looking for professional turnkey management including in-house maintenance.
Revenues for 2012 revealed an increase in operational performance of 10 per cent against 2011 and, for 2013, FAI is expecting to see an increase in revenues in the region of €70m. The company has line stations in Afghanistan, Sudan, Ivory Coast and Senegal.