News Release

Ralf Schumacher invests in Europ-Star Aircraft GmbH

Europ-Star Aircraft GmbH, one of the premier providers of business aviation services in Europe, announced it's entry into the Russian market during the 6th international Business Aviation Jet Expo in Moscow. Europ-Star Aircraft has been successfully operating in the European market for the past ten years with a fleet of aircraft belonging to Ralf Schumacher and Werner Welz, and looks forward to offering its services and expertise in the of acquisition and management of executive aircraft, as well as executive aircraft charter services, jet sharing, and much more, now especially targeted toward the Russian market.

Ralf Schumacher: from client to investment partner

One of the most prominent clients of Europ-Star for many years has been Ralf Schumacher. The former Formula 1 and currently successful DTM automobile racing pilot has trusted in the know how, the experience and the service of Europ-Star with the management of his own personal aircraft. Recently Mr. Schumacher also became investor and partner in the operation. He recently commented „since I have come to know the operation as well as the industry well in the past six years, I have decided to become an investor in Europ-Star. Since September of this year, I have purchased a 10% stake in Europ-Star with the option to expand my ownership share in the company. The reason for this step is easy to explain; the branch of business aviation has great potential, especially in the growing markets of Russia and Asia. Business aviation means flexibility, comfort, and time savings, and therefore an increase in the quality of life. Especially in the segment of the population which is financially well situated, this factor is becoming increasingly apparent in it's significance".

„It was a very conscious decision on my behalf, to become involved with Europ-Star because I know Mr. Werner Welz and his team very well. Europ-Star can proudly claim to have many years of successful operation in the mid European arena and it is well established. The operation stands for quality and personalized service. I also find the stronger focus on the Russian market to be strategically important and full of potential".

Not only an investor

Ralf Schumacher does not see himself only as an investor at Europ-Star. He states „I have a very diversified international network, and countless contacts that I can bring into the business. Also, insofar as time allows, I would also like to contribute my experiences from the past two decades as a participant in the sport of automobile racing into the executive jet operation. In Formula 1, oftentimes very small details become the determining factors and contribute to deciding either victory or defeat. Only individuals and teams who are perfectly tuned to their system can succeed. At Europ-Star I have found an excellent foundation of quality and a positive team spirit that is necessary for such success. I am confident that together we will be stronger and more successful with in objective of becoming the very best business aviation service provider possible".