Cedric Migeon, managing director of ExecuJet in Europe, with airport director Archie Garden

Forty new jobs will be created in Cambridge when an executive jet company moves part of its operations from Switzerland to the city.

ExecuJet, the Swiss business aviation firm, is planning to relocate its aircraft operations department from Zurich to Cambridge during the second quarter of this year.

Some employees from Switzerland will be given the chance to relocate to the UK, but the company’s head office will remain in Zurich.

Cedric Migeon, managing director of ExecuJet in Europe, said: “We recognise the value and flexibility of this sizeable new facility in the UK which has great potential to help develop and strengthen our European business further.

“We must take full advantage of opportunities available, while keeping a firm eye on the current economic situation in Europe. In reducing some of our costs and using the excellent resources we have in Cambridge, we will be gaining a competitive advantage in the market.”

Airport director Archie Garden added: “Cambridge Airport is excited that ExecuJet has decided to expand its presence here. We applaud them for their foresight in recognising what we are building up here at the airport.”