New Base in India

RNS Number : 4096X

Hangar 8 Plc

06 December 2010

 



HANGAR 8 PLC

("Hangar8" or "the Company")

NEW BASE IN INDIA

Hangar8 bases Citation XLS in Mumbai

Hangar 8 plc, one of Europe's largest operators of privately owned passenger jet aircraft, today announces that it has entered into an agreement to base a Citation XLS in Mumbai.  The Company believes that the Indian market is now sufficiently mature for the location of Company aircraft in the region and operations will be for both local and international flights.

Dustin Dryden, Chief Executive of Hangar8 said:

''Establishing a base for Hangar8 in India is a further step towards achieving our stated aim of being able to provide an aircraft to a charter customer at any airport in any EMEA location within three hours of an order being confirmed. This will assist us both with our existing operations within the Middle East and also satisfy the growth in demand for our services in the Far East."

For further information please contact:

Hangar 8 plc:                                                      Dustin Dryden / Keiron Blay	Tel: [phone]
Daniel Stewart and Company plc                  Paul Shackleton / Emma Earl	Tel: [phone]
Tavistock Communications Limited:             Simon Hudson / John West	Tel: [phone]

NOTES TO EDITORS

About Hangar8:

Established in 2002, Hangar8 is one of Europe's leading operators of private jets.  With worldwide capabilities, Hangar8 operates some of the newest, safest and most desirable aircraft available for those who appreciate and understand the value of provenance. With aircraft based worldwide and fleet bases at Oxford, Luton, Biggin Hill, Edinburgh, Guernsey, Jersey, Nice, Kiev, Dubai, Krasnodar and Moscow airports, Hangar8 is not only ideally situated but has at its disposal some of the finest terminal facilities.

Hangar8's ambition is to have the right aircraft within one and a half hours of any customer wherever they are in the World, outside the Americas and Australasia.  The Company plans to achieve this through organic growth and through consolidating the fragmented sector in which it operates.

Hangar8 now operates 21 private jets - a modern fleet maintained to the highest standards.  Hangar8's aircraft types differ in size and range offering a complement of capabilities from short European hops to trans-continental voyages.

Hangar8's clients come from a wide variety of backgrounds including, music, sport and corporate - all of whom expect and receive the same level of exemplary service.

 

END

 

 

MSCEANAKEFFEFEF