FAI Group reports 2012 revenues

FAI rent-a-jet has reported total revenues of €64m ($86m) for 2012.

This includes operational revenues of €55m ($74m)  what reflects an increase of FAI´s operational performance of 10 % vs. 2011. On a Group-level, when including FAI Asset Management GmbH and FAI Technik GmbH,  the earnings before taxes (EBT) increased to €4.7m ($7m).

For 2013, the German based company expects increased revenues of approximately €70m ($94m).

FAI currently is operating a fleet of 22 business jets, 15 of the aircraft are owned by FAI. The fleet is used as VIP corporate transport and as air ambulances.

Headquartered in Nuremberg, FAI has operating bases in Afghanistan, Sudan, the Ivory Coast and Senegal. The FAI Group in 2013 are planning to construct a new hangar building at Nuremberg, doubling its hangar capacity.