The original company was started in 2000 as a joint venture between Cessna and TAG Aviation Holding SA with each holding a 50-percent share. Cessna had gradually acquired a greater share through the past decade and today announced acquisition of the final 8 percent. Terms of the transaction were not released.

CitationAir is a business aviation solutions company offering jet cards, jet shares, aircraft management and customized solutions for individuals, businesses and corporate flight departments. CitationAir took its new name last year to better reflect the changes to its business model adopted through the years that give customers more choice and flexibility in meeting their business aviation requirements and to strengthen its alignment with Cessna.

“Because of CitationAir’s innovative products, Cessna is able to offer customers an even wider range of lift solutions, whether the need is to buy their own new or pre-owned jet or for a customized lift plan giving them access to CitationAir’s fleet of Cessna Citations,” said Jack J. Pelton, Cessna chairman, president and CEO.

With this move, CitationAir becomes a wholly owned subsidiary of Cessna but maintains its separate operation. Customers will continue to work directly through CitationAir for access to their comprehensive portfolio of products.

CitationAir is based in Greenwich, Conn. and operates a fleet of 80 Citation models throughout North America. For more information, visit www.citationair.com

Organised into three separate courses – ‘Basic’, ‘Intermediate’ and ‘Advanced’ – the training comprehensively covers all aspects of IPT.

Chris James, chief executive officer of FiscalReps, says: “IPT compliance is notoriously complex, not least because there is no harmonisation in the European Union. We want to take away the stress that insurance professionals feel in this area. There are genuine financial benefits to be gained if you can minimise the risk of non-compliance.

“The onset of the global financial crisis and economic downturn has raised the profile of corporate governance and compliance issues. Tax authorities are deploying resources to investigate and increase non-core tax revenues, such as premium taxes. Company directors could potentially suffer personal consequences for their organisations’ tax compliance failures, possibly causing significant reputational damage.

“To master IPT, you first need to identify the governing rules, regulations and laws. Ultimately, a high-level understanding of premium taxes, together with strategic planning, is essential to prevent financial losses.”

The basic FiscalReps IPT course will allow participants to understand the fundamental principles of the tax, addressing the significance of factors such as the class of business and the location of the risk. This one-day course will take place in Fenchurch Avenue, London on January 18 2010 and subsequent dates thereafter.

At the intermediate level, the FiscalReps IPT training breaks down many of the areas covered in the basic course, such as parafiscal taxes, licensing and passporting, into finer detail. This course will be held on January 19 2010, again in the Fenchurch Avenue address in London.

The advanced course will provide participants with truly expert understanding of IPT, ranging from the principles of tax on insurance premiums to the implications of captive insurance, as well as explaining the latest legislative changes. Dates for this level of training can be arranged on request.

James adds: “FiscalReps is the only specialist company focusing on the important but niche IPT market. Having dedicated time and effort to developing IPT training programmes for our own staff, we are perfectly placed to share our expert knowledge with insurance professionals. We want people to leave these courses with practical tools for their future work.”

Full content guides to the training courses can be found at: www.fiscalreps.com/content-training.html. FiscalReps also offers bespoke training services, delivered in-house to management teams, upon request.

LEA’s ‘tweets’ include updates on the company’s services and destinations, the latest empty leg opportunities and links to new footage on the operator’s ‘YouTube’ channel.

LEA chief executive Patrick Margetson-Rushmore says: “We’re eager to be at the leading-edge of new technologies and social media. Twitter is 21st-century word-of-mouth and a great way for us to talk to our customers and potential customers. We’re looking to add inventive tweets all the time.

“We’ve got over 200 followers already. We’re used to being a leader and on this occasion we’re happy to be followed!”

George Galanopoulos, LEA’s managing director, adds: “At its best, Twitter is a productive dialogue, not a monologue. As well as being followed, we’ll be tracking key players in the executive aviation and luxury travel industries ourselves, making new contacts and keeping up-to-date with their activities.

“We’re really excited about how we can use new media to promote and improve our business. Some of the videos on our ‘YouTube’ channel, for example, showing off the aircraft in our fleet, are simply stunning.”

The LEA Twitter site can be found at: http://twitter.com/LondonExecutive.