KlasJet, a Lithuanian private jet charter company, and FlyEgypt, an Egyptian low-cost airline, have announced the extension of their ACMI (Aircraft, Crew, Maintenance, and Insurance) partnership. The two companies have been collaborating since 2019, and this extension will allow them to continue working together for the foreseeable future.
Under the terms of the partnership, KlasJet provides FlyEgypt with a Boeing 737-500 aircraft, along with a crew, maintenance, and insurance services. FlyEgypt uses the aircraft to operate flights on its network, which includes destinations in Egypt, Saudi Arabia, Jordan, and Kuwait.
The partnership has been successful for both companies, with KlasJet benefiting from the steady revenue stream provided by FlyEgypt’s use of its aircraft. FlyEgypt, on the other hand, has been able to expand its network and increase its capacity without having to invest in additional aircraft.
The extension of the partnership is a testament to the strong relationship between the two companies and their commitment to providing high-quality services to their customers. KlasJet’s CEO, Vitalij Kapitonovas, said in a statement that “we are delighted to continue our partnership with FlyEgypt. We have built a strong relationship over the past two years, and we look forward to continuing to work together to provide our customers with the best possible service.”
FlyEgypt’s CEO, Captain Ahmed Adel, also expressed his satisfaction with the partnership, saying that “KlasJet has been a reliable partner for us, and we are pleased to extend our collaboration. The Boeing 737-500 aircraft has been a valuable addition to our fleet, and we look forward to continuing to offer our customers a comfortable and safe travel experience.”
The ACMI model is becoming increasingly popular in the aviation industry as airlines look for ways to increase their capacity without having to invest in additional aircraft. By partnering with companies like KlasJet, airlines can access additional aircraft and crew on a short-term basis, allowing them to expand their network and meet the demands of their customers.
In conclusion, the extension of the partnership between KlasJet and FlyEgypt is a positive development for both companies and the aviation industry as a whole. It demonstrates the benefits of the ACMI model and the importance of strong partnerships in providing high-quality services to customers. As the industry continues to evolve, we can expect to see more collaborations like this in the future.
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- Source: Plato Data Intelligence.