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Avjet Announces FBO in Seoul, Korea


News provided by

Avjet Corporation

28 Dec, 2013, 01:58 IST

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-- Avjet Corporation, a worldwide provider of large cabin private jet services, announced that Avjet Asia and Korea Airport Corporation (KAC) will open a fixed base operation (FBO) in Seoul, Korea. KAC announced that Avjet Asia has a multi-year contract to manage the FBO.

SEOUL, South Korea, Dec. 28, 2013 /PRNewswire/ -- Avjet Corporation, a worldwide provider of large cabin private jet services, announced that Avjet Asia and Korea Airport Corporation (KAC) will open a fixed base operation (FBO) in Seoul, Korea. KAC announced that Avjet Asia has a multi-year contract to manage the FBO.

(Photo:  http://photos.prnewswire.com/prnh/20131227/LA38708)

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With this partnership between Korea Airport Corporation and Avjet Asia, the gap in aviation services development is being quickly recognized as a stepping stone to boosting future growth. (PRNewsFoto/Avjet Corporation) (PRNewsFoto/AVJET CORPORATION)
With this partnership between Korea Airport Corporation and Avjet Asia, the gap in aviation services development is being quickly recognized as a stepping stone to boosting future growth. (PRNewsFoto/Avjet Corporation) (PRNewsFoto/AVJET CORPORATION)

Avjet Asia was one of the first private aviation companies to recognize the importance of forging aviation partnerships in Korea – home of Samsung, LG, Hyundai, SK Group and other multi-national corporations – and other Asian markets.

Because each nation has its own unique market dynamics, business travel culture, and regulatory requirements, Avjet Asia relied on guidance from KAC and its leader, President Kim, during the development of plans for the new FBO.

"President Kim's insight, leadership and vision for the growth of the Korean corporate aviation market makes Avjet Asia very proud to be the partner in this process," said Avjet's Chairman, Marc Foulkrod.

Over the past five years, the Asian Pacific region has shown strong double-digit growth in the aviation sector. China and the surrounding countries are experiencing strong business growth, and a highly developed aviation infrastructure is proving to be a vital driver of this growth. However, business aviation in many areas in Asia is still underdeveloped.

"With this partnership between Korea Airport Corporation and Avjet Asia, the gap in aviation services development is being quickly recognized as a stepping stone to boosting future growth," Foulkrod said. The Seoul FBO is scheduled to break ground in February 2014 and commence operations in October 2015.

Avjet Asia:
Avjet Asia Fixed Base Operation and Ground Handling Services Company has a primary office at Gimpo International Airport (RKSS) and a second office at Incheon International Airport (RKSI), both located in Seoul, South Korea. These convenient locations position Avjet Asia to provide a comprehensive suite of aircraft ground handling services for any airport in South Korea, including Landing and Overflight permits and Tech and Cargo flight stops. Avjet Asia also handles all passenger and crew needs, including Customs and Immigration clearance escort services, all hotel and catering needs, transportation and more. For more information visit http://www.avjet.com/avjet-worldwide/asia/.

CONTACT: Jessica Rust, +1-818-841-6190, [email protected]

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