Air Charter Service reports record revenue month in November

The on-demand charter broker and jet card seller reported the highest revenue in its history in November

 

Worldwide private jet charter broker and jet card seller Air Charter Service has reported that the company recorded revenue of more than £60 million ($75.5 million) last month, making it the record month in its history, beating the previous best of £52 million.

Jet Linx obtains re-certification of its IS-BAO Stage III certification

Jet Linx offers a pay-as-you-go managed fleet jet card program around specific base markets

 

Omaha, Nebraska-based Jet Linx said it has obtained the highest level of re-certification from the International Standard for Business Aircraft Operations (IS-BAO), the benchmark of professionalism and standardization for the conduct of flight operations departments. It marked the fourth consecutive year.

VistaJet parent closes on XOJET deal

The XOJET acquisition by Vista Global is a done deal, although Bloomberg reports its financing faced several hiccups on the way

 

Dubai-based Vista Global’s September announcement that it had reached an agreement to acquire XOJET has closed and has landed safely, but a report by Bloomberg suggests that some of the financings were hit by market turbulence. The acquisition dramatically increases Vista Global’s penetration of the U.S. business aviation market, the largest in the world. It has also said it plans to expand the XOJET brand globally from its U.S. base. The two entities combined operate approximately 115 super midsize and large cabin extended range jets, while XOJET brings a charter brokerage arm that contributes over $100 million in sales.

Airstream Jets launches 2018 rate lock promotion

The mileage-based jet card broker is offering customers who buy now 2018 rates for 2019

 

Airstream Jets is offering a rate lock giving 2018 rates for 2019 when you sign up before the end of the year. Airstream sells in two denominations, $25,000 (Silver Distance Card) and $100,000 (Gold Distance Card), plus the 7.5% Federal Excise Tax.

Reports: VistaJet and Flexjet eyeing major expansion moves with new aircraft and geography

According to two separate reports in Aviation International News, VistaJet and Flexjet have growth on their minds

 

Two key players in the fractional ownership, lease and jet card space VistaJet and Flexjet are both planning potentially significant expansion plans, according to aviation trade journal Aviation International News.