
Kirkbi A/S — the family investment group and majority shareholder of the Lego Group — has closed its corporate aviation division. The decision ends a story that began more than sixty years ago and effectively created an international airport in Billund, Denmark.
What happened
Per Danish media, the corporate jet division was closed by 28 February 2025. The company gave its reasons plainly: a sharp decline in demand for its corporate aircraft in recent years, combined with an increased focus on sustainability and CO2 reduction, made maintaining the fleet unsustainable.
The wording is telling: this was not about financial difficulty at the company but about a tool that no longer matched real needs and corporate policy.
How it began
The story goes back to 1961, when the founder's son Godtfred Kirk Christiansen bought land north of the Lego factory and built a private runway with a hangar. The purpose was practical: to move employees and partners without fitting into airline timetables.
In 1964 the site opened as a public airport — today Billund International, Denmark's second largest. Lego's corporate aviation thus literally created the region's transport infrastructure.
Not an isolated case
Lego's decision fits a broader trend. Another Danish company, shipping giant A.P. Moller-Maersk, took a similar step earlier. In 2025–2026 corporate flight department closures also hit major American names: railway operator CSX, furniture maker Steelcase, and VF Corporation.
The motives are similar: leadership changes, cost-cutting programmes, the environmental agenda. Often these were not troubled operations but well-run departments that simply stopped being a priority.
Why companies give up their own aircraft
The reasons for closures are usually similar. First, a fall in actual utilisation: if the aircraft flies less, fixed costs for crew, hangar and maintenance spread across fewer hours and the hourly cost rises. Second, environmental reporting, where corporate aviation is a visible line item.
Third, shifting priorities with a change of leadership: new management often reviews costs not directly tied to the core business. Giving up an aircraft rarely means giving up private flight entirely — more often the company moves to charter or jet cards.
What it means for the market
Closing a flight department almost always means aircraft entering the pre-owned market and the company moving to charter or jet cards. For the market this is both the loss of a steady client and the arrival of quality supply — corporate aircraft are usually well maintained with complete records.
For owners and companies assessing their own fleets, this story is a prompt to cost the economics honestly: if utilisation has fallen and the aircraft sits in the hangar, charter or management with partial charter may be more rational than running a department.
«Closing a flight department is almost always a decision by finance people, not aviators. And it is almost always followed by a good aircraft appearing on the pre-owned market.»
— Alexey Mordvintsev, CEO of JetHunter
Author: Alexey Mordvintsev, CEO of JetHunter, President of the Association of Professionals of Executive Aviation Industry (APIDA). Over 14 years in the industry.