Boston-based jet card broker Magellan jets has swapped the CJ3 and CJ4 from the Hawker 400XP and Challenger 604/605 series from the Falcon 2000 in its jet card line-up
Magellan Jets is revamping its line-up of semi-specific jet cards. The move is designed to focus its jet card line-up around Cessna’s Citation, Bombardier, and Gulfstream aircraft.
Pilatus PC-12 and Citation CJ3 operator Tradewind Aviation is offering flat rates for private charter flights to Florida
Tradewind Aviation is offering discounting flat rates from Teterboro and Westchester County Airport to South Florida. The offer is valid through the end of June.
In addition to over $50 million in jet card deposits, grounded private jet charter operator JetSuite received over $57 million from affiliates since 2016
Flight delays caused by President Trump, stolen silverware, broken coffee makers and ‘race to the bottom’ pricing’ increased the losses
Is a JetSuite 2.0 in the works?
Court documents from the bankruptcy proceedings of Superior Air Charter, LLC, better known as JetSuite, show a company that was burning through cash since at least 2016.
During that time both JetBlue Airways and Qatar Airways made investments into the parent company JetSuiteX, Inc. Additionally, JetSuite used $50 million in unredeemed deposits from jet card customers towards operations, something its contracts permitted. The company, like other key players in the market, did not offer an escrow account.
Nicholas Air’s Southern charm and fleet of modern private jets have helped the Mississippi-based fractional and charter operator expand nationwide
Jet card and fractional share options range from the Pilatus PC-12 and Phenom 100 to the CJ3, Phenom 300, Latitude and Challenger 300
In an industry that is often in turmoil or controversy, since founding the company in 1997, Nicholas Correnti remains the CEO nearly a quarter-century later.
While companies in the sector seem to come and go, executives and customers say continuity, a personal approach, and a state-of-the-art fleet have helped Nicholas Air thrive in a competitive market.