AirSprint named to Canada's Best Managed Companies list

AirSprint was awarded the Gold Standard after having made the best list for at least three consecutive years.

By Doug Gollan, May 14, 2024

Canadian fractional operator AirSprint has been named on the 2024 list of Canada’s Best Managed Companies.

AirSprint was also awarded the Gold Standard, having been on the list for at least three consecutive years.

The award program is managed by Deloitte and sponsored by The Globe and Mail.

Eligible companies must be headquartered in Canada and have $50 million or more in revenue.

They need to be privately owned, including private-equity portfolio companies, Canadian-owned co-operatives, or foreign-owned companies with Canadian headquarters.

The management team must reside in Canada or be closely held Canadian-owned public companies with fewer than 50% of shares or units traded.

Companies are evaluated on their leadership in strategy, culture and commitment, capabilities, innovation, governance, and financial performance.

“We’re thrilled to be named one of Canada’s Best Managed Companies,” said James Elian, President and CEO of AirSprint.

He added, “Today marks a significant milestone as we achieve Gold Standard status yet again, building upon our initial Best Managed Award in 2020. Maintaining this recognition for five consecutive years speaks volumes about every team member’s hard work and commitment to our company and the satisfaction of our fractional owners.”

Air Sprint’s 2023

In 2023, the private jet flight provider added a new hangar facility, offering 16,000 square feet for maintenance.

It also opened a 6,000-square feet operations center.

Last year, it flew customers to over 550 destinations, covering more than 5,300 unique nonstop routes.

Looking back, Vice President of Sales and Marketing Scott Wenz noted, “We capped off an exceptional year by welcoming our 500th fractional owner and adding our 36th jet, strengthening our position as Canada’s largest fleet of fractional aircraft.”

“Over the past year, companies such as AirSprint have continually adapted and successfully responded to challenges, seized new opportunities, and leveraged industry-leading competencies to maximize their investments and drive sustainable growth,” said Lorrie King, Deloitte Co-Leader of the program.

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