GENEVA, Switzerland, 23 May 2013. VistaJet International and Jet Support Services Inc. (JSSI) have agreed to a record-setting enrollment of 50 Bombardier Global 5000 and Global 6000 aircraft onto JSSI's Platinum Engine and APU hourly cost maintenance programs. The long-term agreement is valued at over $205 million based on JSSI 2013 list prices. The aircraft are part of VistaJet's largest order in aviation history placed in November 2012.
"This is the largest single enrollment for any hourly cost maintenance program that we are aware of," admits Neil Book, president and chief executive officer for JSSI.”
"Having our Engines and APUs on a JSSI maintenance program is critical to the VistaJet business model," says Thomas Flohr, founder and chairman of VistaJet. "In addition to providing budget stability, JSSI adds another dimension of service to the standard maintenance program.
“We currently have two Global aircraft and our AugustaWestland Helicopter enrolled with JSSI, and are delighted to increase our business with them as our worldwide fleet continues to grow,” Flohr adds. “This agreement demonstrates the continuation of VistaJet's Think Global strategy and its commitment to provide non-stop point-to-point global coverage with guaranteed availability."
In late Nov. 2012, luxury aviation company VistaJet announced the largest single transaction in business aviation history: 56 firm orders for Bombardier Global Jets and options for an additional 86 Global aircraft. The transaction was valued at more than $7.8 billion U.S., and deliveries will commence in 2014.
JSSI's Platinum Engine Program for the Rolls-Royce BR710A2-20 engines that power the Global 5000 and Global 6000 aircraft offers an all-inclusive, hourly cost maintenance program that drives down maintenance costs, provides budget stability, and adds peace of mind. JSSI Platinum provides comprehensive coverage for both scheduled and unscheduled maintenance, rental engines, supplemental lift, engine removal and replacement (R&R), and shipping.
Coverage for scheduled repair and replacement of Life Limited Parts, as well as routine inspections, may also be added. The JSSI APU Program for the Honeywell RE220 will cover scheduled and unscheduled events for VistaJet's APUs, as well as Life Limited Components. Unlike other APU programs, there is no buy-in requirement and just one easy annual payment.
