Downward price pressure on the charter and jet card market continues to favor consumers

Other trends include the pilot shortage, struggle of on-demand brokers to offer instant, guaranteed pricing, and desires of jet card buyers for high-touch, high-level service

 

While a shortage of pilots in business aviation has been pushing up crew salaries by as much as 20%, buyers of jet cards and on-demand charter can look forward to continued favorable pricing, according to executives attending Corporate Jet Investor’s annual Dealmakers Conference being held this week at the Fontainebleau Miami Beach.

Air Partner provides relief and disaster recovery for Typhoon Mangkhut

While it’s better known for on-demand charter and jet cards, Air Partner has broad qualifications across the aviation spectrum

 

With natural disaster season at its peak, Air Partner is often called on to support relief efforts, both proactively and after a moment of impact. On September 9, Air Partner was contacted by a government agency to rush supplies to Guam, a U.S. territory and Pacific island located on the outskirts of Southeast Asia, in preparation for Super Typhoon Mangkhut. 

Air Partner rescues the daughter of jet card member after an earthquake

After an earthquake in Indonesia, Air Partner helped a panicked father with his daughter’s rescue

 

John Roberts, a jet card member with Air Partner, called the company to book a different type of flight recently. He needed to arrange the safe evacuation of his daughter and her boyfriend from Indonesia to Singapore in the aftermath of the Lombok earthquake. Roberts’ daughter and boyfriend were visiting the island of Gili Trawangan, located off the northwest coast of Lombok, when the 6.9-magnitude earthquake struck on 29 July, followed by 66 aftershocks. 

Air Partner is targeting the U.S. West Coast for jet card sales

Air Partner PLC has opened a West Coast sales office as it looks to grow revenues from its jet card membership program

 

Air Partner said it opened a new office in Los Angeles last week “in line with its strategy to grow its geographical footprint.” The office will service southern California and the broader West Coast markets, strengthening Air Partner’s existing US network, which includes sales offices in New York, Fort Lauderdale and Washington D.C. 

Air Partner finishes accounting review and reports ‘strong’ results

Shares of the U.K.-based private jet charter and jet card broker had been suspended last month after a prolonged review of its financial statements

 

In what might be a sigh of relief for the private jet charter industry, Air Partner PLC announced today it had completed a review of its past financial statements and reported results for its year that ended January 31, 2018. While the company had said its business was solid, following the Chapter 7 bankruptcy of Zetta Jet and ImagineAir ceasing operations, Air Partner’s announcement on May 31 that it would cease trading in its shares until accounts were sorted caused unease. Today the company reported £261.3 million gross transaction value, the amount it invoiced to customers with a £36.1 million gross profit and £5.8 million underlying profit before tax. It reported having £4.8 million in cash excluding deposits for jet cards, the money you pay in advance and is held before your flights. It also said its Net Promoter Score rose from 75% to 79%.