FAI operates a fleet of 21 aircraft in VIP charter, air ambulance, management inclusive a fleet of 5 aircraft providing special logistics for the world´s largest NGO (UN).
In addition to UN, FAI is also approved service provider of ICRC (Intl. Committee of the Red Cross), WFP (World Food Program) and other global acting Health and Relief Organizations.
FAI's current fleet consists of: 2 Lear 35A, 5 Lear 55, 1 Lear 40XR, 5 Lear 60/60XR, 3 Challenger 604 and 3 Global Express. Three of these aircraft (LR40XR, LR60XR and Global Express) are operated under aircraft management contracts or on behalf of corporate owners.
FAI holds an Air Operator Certificate (AOC) issued by the German Federal Ministry of Transport under license no. D-049-EG, as well as a Maintenance License for aircraft of the manufacturer Learjet-Bombardier and Falcon Dassault, license no. DE.145.0062 EASA Part-145. FAI also operates an in-house pilot-training center (APPROVED TRAINING ORGANISATION; ATO) under license no. DE.ATO.062
All three licenses are quality seals, certifying that all quality requirements are met for air transport, maintenance and pilot-training. This is compulsory for all German Air Service Operators.
Anticipated revenues for 2014: € 75 m ($ 100 m).
On February 25/26/27 participation in Abu Dhabi Air Expo (Booth #12). At the same time, completion and opening of FAI hangar 7 with additional capacity of 3000 m² adjacent to its existing hangar 6 and office building.
May 20 - 22 Ebace Convention, Geneva.
In June, FAI starts expanding its hangar space in Nuremberg by building an additional hangar of 3000 m² adjacent to its existing hangar and office building. Expected completion end of 2013.
In May at EBACE Convention in Geneva, FAI rent-a-jet AG receives the Bronze Safety of Flight Award for achieving more than 40,000 hours of safe flying since 2008.
FAI's revenues exceed € 64 m (US$ 86 m). A 28% increase vs. 2011. In November, FAI wins the prestigious "Ambulance of the Year" Industry Award from the "International Travel Insurance Journal".
In February, FAI opens a new branch office in Dubaï.
In the fiscal year of 2011 FAI generated operational revenues of more than € 50 m (US$ 64 m), which reflects an increase of more than 20% versus 2010. 40% of the revenues (= € 20 m) were generated by the business sector "worldwide Patient Transport by Ambulance Jet", 20% in "Public Services" for NGO's in Africa, 30% in "VIP-Charter" and 10% in "Aircraft-Leasing and Maintenance for 3rd Party".
In November, FAI establishes its in-house aircraft sales, lease and management department.
The inauguration of FAI's new headquarters takes place in April at Nuremberg International Airport (NUE/EDDN).
In summer 2010 FAI starts the construction of a company owned state of the art 6000 m² hangar and office building in Nuremberg. FAI brilliantly passes the EURAMI audit for re-certification. In June, MIG increases its interest in FAI to 51 %, after Exercising a call-option.
FAI is expanding the activities in executive travel or VIP charter when taking delivery from Dassault Aircraft of a new Falcon 900DX EASy. Since then, two Global Express, one CRJ 200 and three CL 604 have been added to the fleet.
In March, FAI acquires a 60% stake in Nomad Aviation, Switzerland, a Swiss EU-OPS1 Operator. This stake is sold in June 2010 by a management buy-out to the Managing Directors.
The Axtmann-Family sells a 49,9 % stake in FAI to MIG Aviation Holdings Ltd., Nicosia, Cyprus. A 100 % subsidiary of MIG Marfin Investment Group Holdings S. A., Athens, Greece, which is not only the largest Investment Group in Greece, but also one of the largest ones in Eastern Europe. MIG numbers in excess of 50,000 employees and associates and has a presence spanning over 40 countries. MIG is headquartered in Greece and listed on the Athens Exchange. 58 % of its share capital is held directly or indirectly by Greek strategic, institutional investors, MIG´s largest single Shareholder with a stake of 18 % is Dubai Group LLC, the private investment-company of Dubai´s ruler.
FAI is awarded the EURAMI's (European Aero-Medical Institute) Certificate "Critical Care", which is the highest certification EURAMI is issuing to Air Ambulance Operators.
FAI acquires its first two Learjet Aircraft (Learjet 35A + Learjet 55), the company has been concentrating to Air Ambulance related business.
FAI takes over GRUNDIG's Flight Department in a second outsourcing process.
The private club sells the company by an outsourcing process and the new company's name is FAI. The company is owned by the Axtmann-Family's Holding and is fully independent.
FAI rent-a-jet AG (dba FAI Flight-Ambulance-International) is founded as a 100%-subsidiary of a private club under the company name of IFA-Flugbetriebs GmbH operating two ea. rescue-helicopters.