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Fairline Yachts touts progress under new management

Fairline Yachts’ Targa 63 GTO will be unveiled at the 2017 Cannes Yachting Festival.

Fairline Yachts’ Targa 63 GTO will be unveiled at the 2017 Cannes Yachting Festival.

Fairline Yachts is celebrating one year since its new management team took over the boatyard.

Under the leadership of its new, experienced marine industry management team, the company said it has employed 227 people, launched two new models — the Targa 53 Open and Squadron 53 — updated the interior finishes across the 48-foot model range and added a hardtop option and new interior to the Squadron 65.

The company also has unveiled plans for two new models — the Targa 43 Open and the Targa 63 GTO, both of which were created by superyacht designer Alberto Mancini.

“This time last year I said that our focus will be on creating high-quality luxury motoryachts that boaters want to own and dealers want to sell. In that time over 85 boats have been sold, including 10 during the first hour of this year’s London Boat Show,” Fairline managing director Russell Currie said in a statement.

Karl Gilding (left), Fairline’s business development director, is shown with managing director Russell Currie.

Karl Gilding (left), Fairline’s business development director, is shown with managing director Russell Currie.

The company is strengthening its dealer network with new distribution points in global destinations such as Hong Kong, the Middle East, Malta, Argentina, Benelux and Denmark.

“I am proud of all that has been achieved by Fairline over the past 12 months, but we aren’t resting on our laurels,” Currie said.

“We are committed to building on the success of 2016 with continued growth of the dealer network and through launching beautifully designed, handcrafted yachts with cutting-edge innovations. The Fairline brand is celebrating its 50th year in 2017, and we are honoring the anniversary with a host of Golden Moments, including the launch of the highly anticipated Targa 63 GTO at Cannes Yachting Festival in September. There is plenty more to look forward to from Fairline.”

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