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Forming the future of Wanaka Airport

Residents in Wanaka, New Zealand, were encouraged to join conversations on the future of Wanaka Airport at interactive community and stakeholder engagement sessions. Discussions surrounding what the hub could evolve into by 2045 included the airport’s strengths, thoughts on the return of scheduled services and opportunities for growth.

18th June 2018

The future of flying

The European Business Aviation Association (EBAA) has published a report in cooperation with young people think tank ThinkYoung called Expanding Horizons: How Millennials see the Future of Business Aviation. The survey asked young people aged 18-25 in Germany, France, the UK and Switzerland about mobility, business aviation and the future of sustainable personal air transport. Read more on Andrea Gerosa, founder of young people’s think-tank ThinkYoung, thoughts here

04th June 2018

Joe Cohen (pictured) was recently named CEO for a private jet charter company based in the UK. Can you name the company he is now at the helm of?


Veling Group expands business aviation footprint with brand new hangar in Mauritius

The Veling Group has opened a state-of-the-art 23,680ft² hangar at its 12-month old private aviation terminal at SSR International Airport, Port Louis in Mauritius, Africa.

The US$3m facility was built by Dorset, UK-based ReidSteel Group and comprises 19,375ft² of hangar space and 4,300ft² for offices and storage. The new MRO and aircraft parking facility is capable of housing four Dassault Falcon 900 jets or two Bombardier Global Express aircraft, side by side.

It has been built adjacent to Veling’s private terminal at the capital city’s airport, which opened in May 2014, complete with its YU relaxation lounge and refreshing plunge pool. The FBO handled around 300 arriving aircraft in 2014. Veling Group chairman and YU Lounge Group co-founder and chairman Uday Nayak visited EBACE in Geneva on May 19-21 to coincide with the expansion and to talk with potential partners who may be interested in running the MRO activity.

The company has also launched a new financing model for the business aviation sector in the form of an operating lease, which is being offered via Veling’s sister company, Veling Tayara. Veling Tayara is headed by former senior Embraer executives managing director Colin Steven, based out of Dubai, UAE, and non-executive chairman Ernie Edwards, from Florida, USA.

Veling Tayara’s proposition is to encourage high net worth individuals and corporations to lease their aircraft, rather than buy. “Why lock yourself into a US$50m investment when an aircraft can be leased? A lease won’t appear on the balance sheet, for everyone to see, and it gives the owner far greater flexibility to change or upgrade the jet three or five years later, just as the majority of the world’s airlines do,” Nayak said.

May 26, 2015


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Exclusive Articles

Andrea Gerosa, founder of young people’s think-tank ThinkYoung, explores the synergy between business aviation and Generation Y.
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David C Castaldo, president and CEO of aviation FBO technology company Mosaix Software, explores the importance of customer relationship management.
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Atiesh Mishra, aviation consultant at AJM Jet Management and aircraft sales representative at Boutsen Aviation, explores the potential market for an air ambulance operation in India.
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