Belfast Telegraph

Friday 1 August 2014

Private jet firm for the stars in talks over its future

Eurojet Aviation is being advised by insolvency practitioners

A private jet company which has flown the great, the good and the glamorous into Northern Ireland is in talks about the future of the business, the Belfast Telegraph can reveal.

Eurojet Aviation, which was set up by Templepatrick businessman, Graeme Campbell in 1991, said it was negotiating with a "significant new partner". The Belfast Telegraph also understands it is being advised by business recovery and insolvency practitioners in England.

The business, which has flown golfing stars like Darren Clarke and Rory McIlroy, has a monopoly on private jet flights in and out of George Best Belfast City Airport, but also flies through the International. It has also flown popstars en route to gigs at the Odyssey Arena, with its website promising that passengers will be cared for "discreetly and courteously".

Eurojet also operates a major engineering facility at Birmingham International Airport, an expansion which cost it £5m. A spokesman for the company would not comment on any negotiation with insolvency practitioners, but said: "Negotiations are at an advanced stage with a significant new partner, with a view to developing Eurojet's business offering going forward.

"We are confident that these negotiations will result in a positive outcome."

A spokeswoman at business recovery and insolvency practitioners, Poppleton & Appleby in Birmingham, said: "They are talking to us, but I couldn't say anything further."

She said any affected parties would be notified about any decision on the company's future.

A spokesman for Belfast City Airport said it would continue to provide private jet services if there was a change to Eurojet's business. "There is a proven demand for a high-end aviation service of this nature.

"Should the current provider not be able to find a resolution to its current difficulties, we are confident we will provide a continuity of service."

The Birmingham facility was to have become a Cessna centre of excellence for repair of Cessna jets. However, it is understood that company has dismantled its signage at the airport.

Three years ago, the Eurojet unveiled a joint venture with travel company Chaka Travel to transport golf fans on private jets around famous courses in Europe and the Middle East. Its jets include the Citation Excel, which transported Rory McIlory home from his memorable 2011 US Open victory.

In July, the High Court dismissed a winding-up petition brought by temping agency, Office Angels in London, against the Birmingham Eurojet Aviation.

Two companies called Eurojet Aviation have separate company numbers and are registered at Birmingham Airport and Belfast International Airport respectively. The directors of both companies are named as Graeme Campbell and Kathy Campbell at an address in Templepatrick.

Both are also named as directors of Virtus (UK) Ltd, set up on January 29 this year. The Belfast aviation firm was set up in 1991, and according to its website, grew into "one of the most experienced private jet companies in Europe".

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