Engel & Völkers Launches New Private Jet Division
The Engel & Völkers Group, a global company specialised in the sale and rental of luxury real estate, properties, yachts and boats, has expanded its service portfolio to include the brokerage of business aircraft and private jets worldwide. The new business division Engel & Völkers Aviation is specialised in aircraft sales and charter, and will make its industry debut at the European Business Aviation Conference & Exhibition (EBACE), 19-25 May 2015 in Geneva, Switzerland, Stand H065.
“Engel & Völkers clients are wealthy, with sophisticated demands and expectations. They lead luxury lifestyles and enjoy travelling – both for business and pleasure. We are seeing a growing need for this service amongst our real estate and yachting clients. This opens up significant opportunities for our company and means that we can now offer clients even more services from one single source,” said Christian Völkers, Founder and Co-CEO of Engel & Völkers AG, on the future potential of the new business division.
The E&V Aviation division is headed by Bart Boury as CEO, who has many decades of experience working in the aviation industry. Bart Boury is lawyer by education (University of Leuven) with additional master degrees – specialisation in air transport law and air transport economy (University Aix-Marseille), having broad expertise and professional background in starting up new aviation ventures, to include in business aircraft management
and operations and aviation tax and legal consultancy.
E&V Aviation will provide air charter brokerage via its ‘E&V Air’ charter quote and booking platform, available online and via mobile app, enabling its global clientele to access the worldwide marketplace of business aircraft. In addition to aircraft charter for individual trips and aircraft trading, Engel & Völkers Aviation is also brokering business and private aircraft for long-term charter, jet card or block hour arrangements, or through fractional ownership schemes.
For its aircraft trading brokerage, Engel & Völkers Aviation works together with premium preferred partners with a longstanding professional experience and expertise in the aircraft trading business.
Moreover, the company provides comprehensive consulting on legal and taxation issues, aircraft management, (structured) finance, risk management (insurance).
Engel & Völkers is the first property company ever to enter the luxury travel market.
Growth with regional focus
While the majority of buyers and charter clients remain geographically situated in North America, followed by Europe, new demand has also emerged from China, the Middle East and South America. “Our entry to the aviation market comes at just the right time. Our global network in 39 countries and our uncompromising level of professionalism will help us to achieve our company targets very quickly,” Christian Völkers concluded.
Source: Engel & Völkers Group
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