After doubling its fleet over the past five years, Nicholas Air says it plans more measured expansion this year
Don’t look for Nicholas Air to make a billion-dollar order with deliveries stretching over six or seven years. The Oxford, Mississippi-based private jet operator and management company will follow up its addition of two new Phenom 300 light jets added directly from Embraer last year. However, it expects to buy for near term needs, head of marketing Peder Von Harten tells Private Jet Card Comparisons.
The private jet operator is investing $21 million by acquiring two of the best-selling Embraer light jets
In the most recent sign that demand for private flights is bouncing back, Nicholas Air says it is adding two new from manufacturer Embraer Phenom 300Es to its fleet.
The company says the move is based on current and future demand. Flight hours for this month are already at 120% of 2019 levels with five days left to go.
Nicholas Correnti, Founder/CEO Peder Von Harten, President Karen Thornton, Chief Financial Officer Fernando Pineda, Chief Technology Officer Wendi LItton, COO, General Counsel Scott McCool, EVP, Maintenance Kim Fewlass, Chief Pilot Ryan Divita, Executive Director of Member Operations Eddie Brace, Director of Operations
Founded in 1997 as an aviation company focusing on aircraft management and leasing, Nicholas Air soon expanded into fractional ownership, lease shares, and jet card programs.
The company was started by aviation veteran Nicholas Correnti and is based in Oxford, Mississippi.
It offers a deposit jet card based on either hours or dollars. The dollar-based Rise Card enables customers to upgrade or downgrade at published rates. The hours-based Blue Card is aircraft specific and allows upgrades and downgrades at an interchange fee.
Nicholas Air operates a fleet of aircraft that average under 5 years old
Nicholas Air is included in Private Jet Card Comparisons’ database of over 50 jet card providers, enabling you to compare programs in minutes.
When was the company founded?
1997
Who owns Nicholas Air?
The company is privately held. The owner is its founder Nicholas Correnti.
Who is the CEO?
Nicholas Correnti
How are aircraft sourced?
Nicholas Air operates an owned fleet. It also offers limited fractional ownership and manages aircraft for owners.
