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.
Omaha-based Jet Linx sells jet cards in 14 markets nationwide where it manages private jets for their owners
Jet Linx, currently the third largest aircraft management company in the United States, said it “reinforced its unwavering commitment to developing, implementing and furthering the private aviation industry’s most rigorous standards during its annual Jet Linx Safety Summit.” To focus solely on best safety practices and standards of excellence “that exceed governmental regulations and guidelines,” Jet Linx suspended all retail flight operations from 8:00AM to 5:00PM (Central Time) to hold a full day summit on safety.
JetSmarter will allow non-members to buy seats on shuttles, start shared private jet charter flights, sell seats to non-members and is launching a jet card program
JetSmarter which earlier this year moved to a pricing model that entails paying for both seats on private jet shuttles and empty leg flights tomorrow is expected to announce it will start selling seats on its scheduled, shared private jet flights to non-members. In an exclusive interview with Private Jet Card Comparisons, CEO and founder Sergey Petrossov says the move is meant to grow sales at an even faster clip. He says the company revenues will end 2018 in the $300 million range. It launched in 2013. The latest news follows our exclusive report on May 10 about JetSmarter’s new membership pricing structure.
PJS Group is reducing the entry point for its jet card program from 25 hours to 10 hours for a short period
Best known for flying sports teams, corporate charters, politicians, live entertainment tours and financial road shows, Private Jet Services Group is putting a push on its jet card offering by reducing the buy into just 10 hours instead of the normal 25 hours.
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%.