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AFX News Limited
JetBird targets Stansted base - report
05.21.07, 3:08 AM ET



LONDON (Thomson Financial) - JetBird, the Dublin group aiming to be the first pan-European low-cost operator of executive jets, is negotiating to locate its first operating bases at London, Stansted, and Cologne/Bonn, according to a report in The Financial Times.

The group, founded by D�mhnal Slattery, the Irish entrepreneur and financier, is expected to announce today that it has recruited its first chief executive in Stefan Vilner, chief commercial officer of Sterling Airlines, the Scandinavian low-cost carrier, said the report.

The FT said the appointment is the latest indication of JetBird's intent to transform the European private jet market by introducing a much lower cost air taxi service. It aims to lead its operations from several hubs across Europe to a network of about 75 airports.

The report said JetBird plans later hubs in France, Italy and Switzerland as it seeks to bring lessons from the operating models of low-cost airlines such as RRyanair (nasdaq: RYAAY - news - people )and EasyJet to the private jet market.

r.jones@thomson.com

rj/ejp

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