Story ID: 
Dominvs Launches Business Aviation Arm
By: Ian Sheppard
Caption: London-based group has formed a business aviation subsidiary with Chris Mace, founder of SaxonAir, who is the CEO.
Word Count: 315
Dominvs, a London-based company with interests in hotels, real estate, and private equity, has launched Dominvs Aviation, a business aircraft management, charter and trading business. The company was founded by Chris Mace, who is CEO and previously founded Norwich-based charter operator SaxonAir, along with Dominvs Group chairman Sukhpal Ahluwalia. Mace is also a council board member of the Air Charter Association.

“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,” said Mace.

Dominvs Aviation will “trade aircraft, building up its own stock, taking opportunities from around the globe to recognize aircraft that represent value and potential for their clients, said the company, which was officially formed last month. Mace said its services would include project management, including any required maintenance, refurbishment, and upgrades “before being placed back into the marketplace for resale.” 

The company has already taken on the management of a Bombardier Challenger 605 for SaxonAir Charter and said it is “working with clients to bring more aircraft into the operation as part of [our] asset management services.”

Chairman Sukhpal Ahluwalia said he is “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, while we recognize the regulation and exacting standards of aviation that go to ensure safety remains at the forefront of the operation.”

Meanwhile, the company has been building a team, including Chris Oldfield as head of asset services and Rebecca Spinks as head of flight services.

Dominvs Group was established in 2011 as a family-run real estate and investment company. It now manages more than £700 million ($900 million) worth of assets and has various ongoing projects around the UK.