Oxygen 4 has opened an aircraft sales and management division to complement its air charter broker services and has secured an exclusivity agreement to sell the Phoenix CRJ in Russia.

Director Mark Green says: "We have identified the need to supply additional services for our clients. As a broker, one of the difficulties that you face is that the most frequent individual customers often will buy an aircraft and then migrate away from the need for a broker's expertise.

"One of Oxygen 4's strengths is the relationship that we have with our clients. Supporting them with charter flights builds trust and our new entity, Oxygen 4 Aviation Limited, will make us a natural choice when they come to the purchase and management of their own aircraft."

He adds: "Oxygen 4 has secured a team of people with vast experience in aircraft sales and management who have long-established relationships with the major aircraft manufacturers and shall work jointly on the new project. "

Green adds: "We are delighted with the people that we have on board to progress this exciting part of our development."