Luxaviation UK CEO to step down

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Company co-founder and CEO Patrick Margetson-Rushmore is to take early retirement from Luxaviation UK at the end of this month.

From June 1, Luxaviation UK’s co-founder and managing director George Galanopoulos will become the company’s sole leader and CEO, in addition to his role as European head of charter for the Luxaviation Group.

Two other management changes are being made following Margetson-Rushmore’s departure from Luxaviation. Martin Hilder is being promoted to chief operating Officer and Kimon Daniilidis will become chief customer support and strategy officer.

Margetson-Rushmore said, “It is with great sadness that I have taken the decision to retire as CEO. As colleagues are aware, I have some health issues and I am looking forward to spending time relaxing with my family. I would like to stress that this has been planned for some time and is not Covid-19 related.

“I will maintain my involvement with Luxaviation on a part-time consulting basis, including representing the Group at conferences – whether that be virtual or in person when the time comes. It will be a pleasure to continue supporting the company as it charts its future course.

George Galanopoulos said, “Business air charter is undoubtedly facing both challenges and opportunities with Covid-19, Brexit and as we seek to reduce carbon emissions and push towards sustainability. I am confident in our ability to evolve and grow in the coming years.

“Whilst I will miss the partnership Patrick and I have shared, the support of the many individuals and entities within Luxaviation will ensure a smooth transition as we continue our progression as part of the Group.”

Luxaviation UK was founded as London Executive Aviation by Patrick Margetson-Rushmore, George Galanopoulos and Amanda Galanopoulos in 1996. The company has grown from a two-aircraft operator to  operating a diverse fleet of aircraft, ranging from the Beechcraft King Air 200 turboprop to the ultra-long-range Bombardier Global 6000 business jet.

Patrick Hansen, CEO of Luxaviation Group said, “Luxaviation UK has become an important part of the Group’s private jet business under Patrick and George. We have always valued the insight, creativity and experience Patrick has brought and thank him for his contribution, as we continue our evolution into a large-scale luxury company.”

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Ben has worked all of his career as a journalist and now editor, covering almost all aspects of technology, engineering and industry. In the last 20 years he has written on subjects from nuclear submarines and autonomous cars to future design and manufacturing technologies and commercial aviation. Latterly editor of a leading engineering magazine, he brings an eye for a great story and lots of experience to the team.

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