The on-demand charter broker and jet card seller reported the highest revenue in its history in November
Worldwide private jet charter broker and jet card seller Air Charter Service has reported that the company recorded revenue of more than £60 million ($75.5 million) last month, making it the record month in its history, beating the previous best of £52 million.
Jet Linx offers a pay-as-you-go managed fleet jet card program around specific base markets
Omaha, Nebraska-based Jet Linx said it has obtained the highest level of re-certification from the International Standard for Business Aircraft Operations (IS-BAO), the benchmark of professionalism and standardization for the conduct of flight operations departments. It marked the fourth consecutive year.
The XOJET acquisition by Vista Global is a done deal, although Bloomberg reports its financing faced several hiccups on the way
Dubai-based Vista Global’s September announcement that it had reached an agreement to acquire XOJET has closed and has landed safely, but a report by Bloomberg suggests that some of the financings were hit by market turbulence. The acquisition dramatically increases Vista Global’s penetration of the U.S. business aviation market, the largest in the world. It has also said it plans to expand the XOJET brand globally from its U.S. base. The two entities combined operate approximately 115 super midsize and large cabin extended range jets, while XOJET brings a charter brokerage arm that contributes over $100 million in sales.