During this year’s JetExpo exhibition in Moscow, Jet Aviation announced the signing of a Memorandum of Understanding (MoU) with Vnukovo Invest, co-owner of Vnukovo International Airport, to form a joint venture in late 2008.

Jet Aviation Hong Kong recently received its maintenance repair station approval from the Hong Civil Aviation Department (CAD). Established in 2001 as aircraft management and charter division for the Asia region, the facility expanded its operation to perform line maintenance for Hong Kong registered Bombardier, Cessna and Gulfstream aircraft and to provide AOG support services.

Jet Aviation, one of the leading Business Aviation services companies in the world, based in Zurich, announces change in its ownership structure: General Dynamics and Dreamliner Lux S.a.r.l., a company controlled by the Permira Funds, which acquired a majority stake in Jet Aviation in October 2005, signed a sale and purchase agreement yesterday. As part of this agreement, General Dynamics will acquire all shares of the Jet Aviation Group. This transaction will expand General Dynamics Aerospace Business Aviation operations into global flight support services.

Aviation recently announced the restructuring of its EMEA & Asia organization by lines of business in alignment with the company's US structure and appointed Christof Späth as the new Senior Vice President and Head of Maintenance for EMEA & Asia effective July 1, 2008. Organized by three main lines of business: completions, aircraft services and maintenance, Jet Aviation will move to a more efficient and effective structure to offer its customers the full power of the company's global service network.

Jet Aviation and its joint venture partners Deer Air and Reach Investment will open their new FBO facilities at Beijing’s Capital International Airport (PEK) next week, just in time for the Olympic Games 2008 which will begin August 8, 2008.

Jet Aviation Dusseldorf was recently appointed by Piaggio Aero as an Authorized Service Center for the P.180 Avanti / Avanti II aircraft.  Jet Aviation Dusseldorf has been performing maintenance work