Leading Private Jet Charter Operators
Word Count:
400
Summary:
Flying with the airlines can be a time consuming as well as risky proposition for businessmen as well as for people of wealth. If you absolutely, positively must get somewhere fast you are putting your trust in a system that is overcrowded, inconvenient, and failing when you fly with the airlines. What are your options? Rent or lease a private jet. The following list features some of the leading private jet charter operators in the U.S.
Keywords:
private jet, jet charter, fractional jet, business aviation, private aviation, corporate flight
Article Body:
Flying with the airlines can be a time consuming as well as risky proposition for businessmen as well as for people of wealth. If you absolutely, positively must get somewhere fast you are putting your trust in a system that is overcrowded, inconvenient, and failing when you fly with the airlines. What are your options? Rent or lease a private jet. The following list features some of the leading private jet charter operators in the U.S.
Atlantic Aviation Flight Services
Automotive Air Charter
Avjet Corporation
Business Jet Services
Clay Lacy Aviation
Delta AirElite
Elite Aviation
Executive Jet Mgt
FirstFlight Management LLC
Flightworks
Hop-A-Jet
Jet Aviation
Key Air
Million Air
New World Aviation
Petersen Aviation
Priester Aviation
PrivatAir
Regal Aviation
Richmor Aviation
TAG Aviation
The Air Group
Trans-Exec Air Service
One common thread with each of the operators is that they fly large cabin aircraft. This group is defined by -- but not limited to -- the following types of aircraft:
Gulfstream 450; 550
Boeing Business Jet
Canadair Challenger 604
Bombardier Global Express; 800
Falcon 2000
In each case you get the security of having two highly trained FAA licensed pilots and you can opt for a corporate flight attendant to provide cabin services and safety assistance. These are no King Airs, Lears, and Westwinds you will be flying. Many rent for $7000. per hour on up, but when you are talking about closing on a merger or acquisition in the morning in Dallas and being back in your Boston office in the afternoon, the price is inconsequential.
There are also several operations that will allow you to purchase a portion of a jet. No, you don't get a wing only, rather -- much like a timeshare -- you get to use a private jet operated by one of the providers. Chief amongst these specialized providers are:
Netjets
Flexjet
Flight Options
CitationShares
A third option is to approach one of the private jet aircraft brokers who will arrange the trip for you. Chief amongst these types of providers are:
Sentient
Gold Jets
Bluestarjets
Marquis Jet
AirRoyale
All in all, private flying is where it's at. If you live in the New York area, you can fly out of convenient Teterboro Airport in New Jersey and land at Van Nuys Airport near Los Angeles. By avoiding Kennedy, LaGuardia, and Newark airports you save precious time and land unruffled in L.A. Who can put a price tag on that?
Showing posts with label business aviation. Show all posts
Showing posts with label business aviation. Show all posts
Saturday, January 29, 2011
Thursday, December 30, 2010
Jet Aviation Sold to Permira Funds
Jet Aviation Sold to Permira Funds
Word Count:
506
Summary:
Jet Aviation has announced that they have been sold, pending antitrust clearance, to the Permira Funds a leading international private equity specialist. Ending several years of speculation, the Zurich based operator of business jet services has finally accomplished what had long been expected: the sale of the Hirschmann family business to outsiders.
Keywords:
corporate jets, business aviation, Jet Aviation, Permira Funds, mergers, acquisitions, Wall Street
Article Body:
Jet Aviation has announced that they have been sold, pending antitrust clearance, to the Permira Funds a leading international private equity specialist. Ending several years of speculation, the Zurich based operator of business jet services has finally accomplished what had long been expected: the sale of the Hirschmann family business to outsiders.
As early as 2000 the sale of Jet Aviation had been expected by employees as well as by industry insiders. Indeed, Jet Aviation management had been marketed openly throughout 2001 by Goldman Sachs, but the sale was cancelled when a suitable buyer was not found and the terrorist attacks put a further drag on an already downturning economy. Still, rumors of the sale of the company persisted and heated up recently with speculation that one of Warren Buffet's companies, i.e., Gulfstream Aerospace, may have been interested in the company's maintenance facilities.
Currently, Jet Aviation is a Zurich-based concern employing 3500 people worldwide. US operations remain strong with the bulk of the employees working out of Teterboro [NJ] Airport.
Even with the probable sale of the company to Permira, speculation is persisting as to what will become of the company after the sale is completed. Some industry leaders believe that the company is more valuable for its parts than as a single entity. Thus, parts of the company could be sold off and a scaled down Jet Aviation might remain in place. Areas of the company thought to be susceptible to a sale include:
<b>1. US Maintenance Facilities.</b> With prime locations at Bedford, Teterboro, West Palm Beach, and Dallas the American facilities are capable of providing expert airframe support to just about any type of business aircraft.
<b>2. Completion Centers.</b> Some or all of the company's award winning completion centers are thought to be highly marketable. From the Boeing BBJ to the Gulfstream 550, and to the Sikorsky S-70A aircraft delivered "green" to Jet Aviation facilities are outfitted with state of the art interiors.
<b>3. FBOs.</b> Jet Aviation's group of fixed based operations which provide domestic and international flight handling, line maintenance services, refueling, passenger and crew transportation, catering and hotel accommodations and immigration and customs services are an important asset for the company. Indeed, the Dubai facility -- Jet Aviation's newest FBO -- is considered by some to be unmatched in the industry.
<b>4. Jet Professionals.</b> Founded in 1983, Jet Professionals -- an aviation personnel service provider -- became part of Jet Aviation as part of the acquisition of K-C Aviation Transportation Services in 1996.
<b>5. Aircraft Management.</b> Over 160 aircraft worldwide are managed by Jet Aviation including more than 50 in the US alone. Many of these aircraft are also available for charter. US operations could be sold to Jet Aviation's strategic partner, New World Jet Corporation, a FAR Part 135 charter certificate operator.
In all, the sale of Jet Aviation ends one big area of speculation while, at the same time, it has opened up other areas. In the world of business aviation <i>speculation</i> is <u>business as usual</u>.
Word Count:
506
Summary:
Jet Aviation has announced that they have been sold, pending antitrust clearance, to the Permira Funds a leading international private equity specialist. Ending several years of speculation, the Zurich based operator of business jet services has finally accomplished what had long been expected: the sale of the Hirschmann family business to outsiders.
Keywords:
corporate jets, business aviation, Jet Aviation, Permira Funds, mergers, acquisitions, Wall Street
Article Body:
Jet Aviation has announced that they have been sold, pending antitrust clearance, to the Permira Funds a leading international private equity specialist. Ending several years of speculation, the Zurich based operator of business jet services has finally accomplished what had long been expected: the sale of the Hirschmann family business to outsiders.
As early as 2000 the sale of Jet Aviation had been expected by employees as well as by industry insiders. Indeed, Jet Aviation management had been marketed openly throughout 2001 by Goldman Sachs, but the sale was cancelled when a suitable buyer was not found and the terrorist attacks put a further drag on an already downturning economy. Still, rumors of the sale of the company persisted and heated up recently with speculation that one of Warren Buffet's companies, i.e., Gulfstream Aerospace, may have been interested in the company's maintenance facilities.
Currently, Jet Aviation is a Zurich-based concern employing 3500 people worldwide. US operations remain strong with the bulk of the employees working out of Teterboro [NJ] Airport.
Even with the probable sale of the company to Permira, speculation is persisting as to what will become of the company after the sale is completed. Some industry leaders believe that the company is more valuable for its parts than as a single entity. Thus, parts of the company could be sold off and a scaled down Jet Aviation might remain in place. Areas of the company thought to be susceptible to a sale include:
<b>1. US Maintenance Facilities.</b> With prime locations at Bedford, Teterboro, West Palm Beach, and Dallas the American facilities are capable of providing expert airframe support to just about any type of business aircraft.
<b>2. Completion Centers.</b> Some or all of the company's award winning completion centers are thought to be highly marketable. From the Boeing BBJ to the Gulfstream 550, and to the Sikorsky S-70A aircraft delivered "green" to Jet Aviation facilities are outfitted with state of the art interiors.
<b>3. FBOs.</b> Jet Aviation's group of fixed based operations which provide domestic and international flight handling, line maintenance services, refueling, passenger and crew transportation, catering and hotel accommodations and immigration and customs services are an important asset for the company. Indeed, the Dubai facility -- Jet Aviation's newest FBO -- is considered by some to be unmatched in the industry.
<b>4. Jet Professionals.</b> Founded in 1983, Jet Professionals -- an aviation personnel service provider -- became part of Jet Aviation as part of the acquisition of K-C Aviation Transportation Services in 1996.
<b>5. Aircraft Management.</b> Over 160 aircraft worldwide are managed by Jet Aviation including more than 50 in the US alone. Many of these aircraft are also available for charter. US operations could be sold to Jet Aviation's strategic partner, New World Jet Corporation, a FAR Part 135 charter certificate operator.
In all, the sale of Jet Aviation ends one big area of speculation while, at the same time, it has opened up other areas. In the world of business aviation <i>speculation</i> is <u>business as usual</u>.
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