In a bid to capitalise on the infra-structure it has been implementing over the last year, ExecuJet Europe is relocating most of its Zurich accounting and IT teams to Cambridge airport. The company transferred its aircraft operations department to Cambridge in 2012 and has also relocated its global operations centre to the airport.

Among other developments at ExecuJet is the addition of a range of aircraft to its European managed fleet including a BBJ based in Kiev, a Gulfstream G550 based in Luton and a Dassault Falcon 7X based in Moscow. Other aircraft due to join the fleet soon include several Gulfstream G550s and G650s, an additional Dassault Falcon 7X and a Bombardier Global Express.

Meanwhile, Gerrit Basson has been appointed managing director of ExecuJet Europe. He takes this role in addition to his responsibilities as group ceo, succeeding Cedric Migeon.

Basson says: "I am delighted to be leading ExecuJet Europe as economic confidence in the region continues to recover. Cedric has done a superb job for the past four years and has been a great asset. After instituting various important changes, this is a natural point for Cedric to develop his career further outside the group and we wish him continued success."

Of the company's increased presence in the UK, Basson adds: "Transferring the additional functions of accounting and IT to Cambridge makes strategic sense now that our global operations centre is based there. We have been very pleased with our UK operations, which have performed excellently over the past 12 months."