Air Charter Service Group revenues surge to $1.2 billion

private jet

U.K. charter broker Air Charter Service (ACS) revenues spiked 86% in its latest financial year, breaking the billion-dollar mark for the first time

U.K.-based jet card and on-demand charter broker Air Charter Service Group (ACS) saw its revenues grow from GBP 476,741 to GBP 886,638. The results reflect its fiscal year that ended on Jan. 31, 2021. At the current exchange rate, that’s $1.2 billion in top-line revenues.

Air Charter Service revamps carbon offset program

private jet carbon offset

The private jet charter broker analyzed aircraft fuel burn rates and route distances for 8,000 of its flights over the past two years, compared to the selling price of each charter

U.K.-based Air Charter Service, which offers fixed-rate, guaranteed availability for both the U.S. and Europe, is revamping its carbon offset strategy.

The new program started the beginning of the month for all its private jet flights. On March 1 it will be available for commercial airliner charters.

Air Charter Service

air charter service

Air Charter Service Executive Overview

Year Founded1990
LeadershipChris Leach, Chairman
Justin Bowman, CEO
Stewart Pitt, Group Finance Director
Justin Lancaster, Group Commercial Director
Ruan Courtney, Chief Operating Officer
Omar Saeed, Group Legal Director
James Leach, Group Marketing Director
Christine Leach, Non-executive Director
Andrew Christie, Group Executive Jets Director
Richard Thompson, Regional Director, Americas
HeadquartersSurbiton, England
Jet Card Hourly RatesUS hourly rates from $5,775 for a light jet; European hourly prices from 5,560 euros
Related ProductsGroup Charters, Cargo Charters; Air Ambulance, and On-demand charter
Related CompaniesNone

Air Charter Service is included in Private Jet Card Comparisons’ database of over 50 jet card providers, enabling you to compare programs in minutes.

U.K.-based charter broker Air Charter Service offers fixed-rate jet cards with primary service areas in both the U.S. and Europe. There are capped hourly rates and dynamic pricing options. According to the company, it operates over 23,000 flights per year, with nearly $700 million in sales claimed. ACS has offices worldwide across Europe, the Americas, and Asia/Pacific.

When was the company founded?

1990

Who owns Air Charter Service?

It's private

Who is the CEO?

Justin Bowman

How are aircraft sourced?

Third-party charter operators

What are the initiation and membership fees?

There are no initiation or membership fees

What is the entry-level program?

It's Empyrean Market Account requires a $50,000 deposit

Does Air Charter Service provide guaranteed availability?

Yes

Is the hourly rate guaranteed?

It varies by program

Can jet card holders/members use multiple aircraft at the same time?

Yes

What is the company website?

https://www.aircharterserviceusa.com/

Where is the headquarters?

Surbiton, UK

Contact a Sales Executive at Air Charter Service

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