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.
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.
The private jet broker brought in supplies on an empty leg positioning flight
Air Charter Service’s
Miami office recently filled up an empty passenger aircraft, on its way to
perform an evacuation flight, with key supplies that the company had purchased
to help those in need following Hurricane Dorian.
The broker of jet cards and on-demand charter is expanding its Russian presence
Air Charter Service, which has 25 offices worldwide, and sells on-demand charter and jet cards in the U.S. and Europe, said it has expanded its presence in Russia, moving into new offices in Moscow with nearly double the space as its previous presence.