Please note the view expressed in this post are those of the member posting and not necessarily of the BBGA
ExecuJet announces free trade zone for customers in Nigeria
ExecuJet, part of the Luxaviation Group, is announcing the approval of a free trade zone at its MRO facility in Lagos, Nigeria, with customers set to save 10-15% or more on supply and maintenance services.
The free trade zone (FTZ) means that parts and services, which previously would have incurred VAT and costs from customs authorities, will now be exempt from these charges. ExecuJet will be passing this substantial saving onto customers.
The agreement also allows the company to keep consignment stock for a number of OEMs, which means quicker turnaround for parts – a bonus which will benefit both business aviation operators and regional airlines in Nigeria.
Gavin Kiggen, Vice President Africa, ExecuJet, says: “Obtaining the FTZ took approximately two years, during which time the ExecuJet team had to demonstrate how the FTZ would benefit Lagos and Nigeria as a whole. We’re very proud to now announce the approval of the FTZ in Lagos, and the successful negotiation of zero VAT and zero duties for ExecuJet customers.
“The FTZ is the latest addition to our services in Nigeria, after we welcomed a number of manufacturers to our facility in 2017. Our MRO in Lagos is on an exciting trajectory, and we expect this to continue as we serve our customers with ever-more competitive pricing to match the quality, performance and efficiency that ExecuJet demonstrates on a local and a global scale.”
ENDS
About ExecuJet
ExecuJet, part of the Luxaviation Group, offers a diverse range of services, including aircraft management for private and commercially registered aircraft, charter, maintenance, completions management and fixed base operations. ExecuJet has operations in six regions – Africa, the Americas, Asia-Pacific, the Caribbean, Europe and the Middle East, embracing a workforce of more than 1,000 experienced staff.
ExecuJet manages 165 business jets worldwide under the most stringent safety standards. Its commercial fleet is operated under the regulatory umbrella of six regional civil aviation issued air operating certificates (AOCs). ExecuJet has many authorised maintenance facilities throughout four regions, certified to work on most business jets. ExecuJet, in collaboration with the Paragon Aviation GroupTM, has a network of 53 FBOs globally, 25 of which are managed by ExecuJet. Further information: www.execujet.com.
ExecuJet is part of the Luxaviation Group, one of the largest aircraft operators worldwide. Further information: www.luxaviation.com.
Media Contacts:
Juliane von Heimendahl Trudi Beggs / Jordan Wood / Julia Craggs
ExecuJet 8020 Communications
Tel: +41 76 356 8251 Tel: +44 (0)20 7664 6310
juliane.von.heimendahl@execujet.eu tbeggs@8020comms.com
Regional Marketing Contact:
Anna Mogoai
ExecuJet Africa
Tel: +27 11 516 2340
Local Contact:
ExecuJet Nigeria
MRO Sales
Getting social? @ExecuJetAvGrp #ExecuJet #Luxaviation #bizav #avgeek