Business aviation consulting firm and aircraft manufacturer unite forces to offer access to corporate aviation to small and medium European companies.
Paris-Le Bourget, 16 June 2005
Aero-Capital, business aviation consulting firm based in Paris, France, and EADS Socata, Europe's leading general aviation manufacturer announce today the signature of an Aircraft Sales Representative contract which will allow Aero-Capital to market the EADS Socata TBM 700 on the Corporate by including the high-speed business aircraft into Aero-Capital's Magellan System.
EADS Socata's TBM 700 is a 6 seats pressurized turboprop aircraft delivering jet¬like performance for a twin-piston budget and short runway capable. TBM 700 can operate from more than 2,000 airports in Europe compared to the 250 destinations offered by jets.
The Magellan system created in 2002 is the analysis of a specific aircraft operation tailored to the needs of the investor. Magellan System exclusive concept is to concentrate all the know-how needed to operate an aircraft both technical (maintenance, operations), legislative, as well as financial & tax aspects. Under this name are involved a group experts of all matters, working with an obligation of result, easily verifiable and with a total dedication and confidentiality.
"Our aircraft sales activity pushed us to develop specifically the Magellan System for the European market. Including the TBM 700 in our system will enable us to offer an entry-level Business Aircraft and will help to extend our base of customers." Explained Laurent Buisson, founder and CEO of Aero-Capital.
"This partnership is very important for us as it is the recognition of our TBM 700 as a mature tool for Corporate transportation." declared EADS Socata CEO Stephane Mayer. "Through this contract, we expect to offer the best products and services and to strengthen our market position in European business aviation."
EADS Socata is a wholly-owned subsidiary of EADS group. EADS is a global leader in Aerospace, defense and related services. In 2004, EADS generated revenues of € 31.8 billion and employed a workforce of about 110,000. The EADS Group includes the aircraft manufacturer Airbus, the world's largest helicopter supplier Eurocopter and the joint venture MBDA, the international leader in missile systems. EADS is the major partner in the Eurofighter consortium, is the prime contractor for the Ariane launcher, develops the A400M military transport aircraft and is the largest industrial partner for the European satellite navigation system Galileo.