Shares in U.K. traded Air Partner were suspended yesterday as it continues to work through accounting woes it says are not related to current trading
Note: Air Partner has provided a statement to Private Jet Card Comparisons at the end of this article.
Air Partner, which sells jet cards and on-demand charter, said it had agreed to suspend trading in its shares yesterday, according to multiple reports from the U.K. A report in The Telegraph, said Air Partner and its board had agreed with auditor Deloitte it would now not be able to publish its annual accounts until June 11 at the latest and requested the shares be suspended until then. Air Partner chairman Peter Saunders, commented the delay was “extremely frustrating and hugely disappointing,” continuing, “It is a reflection of the volume of work, which began seven weeks ago, to conclude a transparent, thorough, and exhaustive internal review and audit.”
The breadth of the jet card product continues to expand. Originally in two flavors – 25 or 50 hours – there are now ongoing offerings starting at just 5 hours and up to 100 hours
In the decade since the Great Recession, the number of jet cards and programs has more than doubled. One driver is that once you choose a jet card provider, it’s the easy way to charter. Jet cards with fixed one-way rates and guaranteed availability enable you to fly with one phone call knowing ahead of time how much it will cost. We’ve seen the entry point for jet cards fall down to just 10 hours, and we’ve even seen promotional 5-hour jet cards.
Consumer tech executive Joe Cohen replaces founder Clive Jackson who is now CEO of Alyssum Group, a recently formed holding company that is Victor’s parent
Online focused private jet charter broker Victor has appointed Joe Cohen as CEO. According to a press release, he is tasked with accelerating the company’s growth and leading its aspirations to become a global player. The company is based in London and has been building its U.S. profile over the last several years.
Over 90% of donations to Homes For Our Troops go to its mission of building and donating specially adapted custom homes nationwide for severely injured post-9/11 Veterans, to enable them to rebuild their lives
After learning about Homes For Our Troops through Sentient Jet’s sponsorship of Combatant at the Kentucky Derby, I thought, wow what a great cause: “To build and donate specially adapted custom homes nationwide for severely injured post-9/11 Veterans, to enable them to rebuild their lives.” I did write up a short piece for this website, and then of course, did nothing else.