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London-based aviation services company Dominvs Aviation officially launched on 1 June, with the intention of providing business aviation asset management solutions, charter and aircraft trading. The company operates as part of the Dominvs Group; a hotels, real estate and private equity business based in central London.
Dominvs Aviation was founded by CEO Chris Mace, previous founder of charter business SaxonAir, and Dominvs Group business entrepreneur and chairman Sukhpal Ahluwalia.
Mace says: “While the company's core focus is aircraft acquisitioning and sales, it also provides a turnkey asset management service providing clients with comprehensive aviation solutions including operations, finance, ownership structure, importation and crewing. These are just a few of the elements that collectively ensure our clients receive the best, safest and most efficient solutions.”
Dominvs Aviation will trade aircraft, building up its own stock and taking opportunities from around the globe to recognise aircraft that represent value and potential for their clients. “These will involve project management and likely some maintenance, refurbishment or upgrades before being placed back into the marketplace for resale,” Mace adds.
Dominvs already manages a Bombardier Challenger 605 aircraft with AOC operator SaxonAir Charter and is working with clients to bring more aircraft into the operation as part of its asset management services.
Established in 2011, Dominvs Group is a family-run real estate and investment company with divisions specialising in hospitality, residential property, commercial property, aviation, private equity and wealth management. Dominvs manages over £700 million worth of assets including an extensive portfolio of hotels across the UK with new projects underway in central London, Bath, Milton Keynes and Oxford. Ahluwalia notes: “I am proud to expand Dominvs Group further into the exciting world of aviation and bring together a highly experienced team to enable clients to enjoy its immense benefits. We recognise the regulation and exacting standards of aviation that go to ensure safety remains at the forefront of the operation.”
Dominvs Aviation has brought in some further industry management experience in the shape of Chris Oldfield, who joins as head of asset services, and Rebecca Spinks as head of flight services.