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profession: pilot career: actor - Jet Aviation

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the other using these same elements to make finished crystal products such as jewelry,<br />

fashion accessories and homeware.<br />

Swarovski also has a few business units that grew out of technologies and products it<br />

developed in connection with its crystal business. In 1917 the company began to<br />

produce its own grinding and dressing tools, which became the brand Tyrolit. After<br />

designing a pair of binoculars, the family entered the optics business in 1935, and it<br />

launched its Swarflex unit for the production of reflective glass elements for road safety<br />

in 1950. The company has also applied its technology for precision cutting to true<br />

gemstones in what is now its Enlightened division.<br />

Another business that grew out of company activities is Tyrolean <strong>Jet</strong> Services, which<br />

was formed to put the aircraft in Swarovski’s corporate flight department to use for<br />

charter flights. Tyrolean <strong>Jet</strong> Services has a long-standing relationship with <strong>Jet</strong> <strong>Aviation</strong>,<br />

both for maintenance and operations. <strong>Jet</strong> <strong>Aviation</strong> began by maintaining the company’s<br />

first Falcon 20 aircraft in 1984, and today maintains its Global Express and Citation VII<br />

aircraft.<br />

Crystals and design<br />

The sale of crystal elements remains the company’s largest business, and it now<br />

includes the Crystalized – Swarovski Elements brand, which makes those elements<br />

available to individuals. The company units that produce finished products are divided<br />

according to both product type and level of exclusivity. The Daniel Swarovski line out of<br />

Paris is the company’s high-end couture division, making jewelry, handbags, accessories<br />

and interior design objects. The Swarovski Jewelry Collection is original work for a<br />

less extravagant budget. The company also has divisions that create lighting, including<br />

Crystal Palace, which is dedicated to the reinvention of the chandelier as an art form.<br />

8 Outlook 02/2008<br />

01<br />

02<br />

01 Maria Callas wearing Swarovski crystal as<br />

she sings Puccini’s Tosca<br />

02 Marilyn Monroe singing “Happy Birthday<br />

Mr. President” in 1962<br />

03 Daniel Swarovski I and his three sons<br />

03<br />

The family company<br />

The Swarovski company remains 100<br />

percent family owned. There are about<br />

60 family members who hold shares, and<br />

a supervisory board made up of five of<br />

these family members represents their<br />

interests. Each business has an executive<br />

board, and all of the boards are made up<br />

of fourth-generation or fifth-generation<br />

direct descendants of Daniel Swarovski I.

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