Atlantic Jet Allies is redefining the light to mid-size company jet market to fulfill today’s need for personal aeronautics. We provide a complete range of services consisting of airplane sales, fractional possession, administration, upkeep and avionics setups– all customized for you. Since private aviation is made for you.
The business has a strong visibility in the FBO organization with a huge network of flight terminal facilities and solutions. It supplies fuel and fuel-related services, de-icing, aircraft parking, garage service, ground transportation and food catering. It likewise offers ramp space centers solutions such as community garages and a 7,000 square foot incurable building. It additionally supplies airplane upkeep solutions in addition to a flight school.
Its fleet consists of Bombardier Learjet and Cessna Citation XLS airplane, and it has more than 20 full time workers. Its consumers include a wide range of people, organizations and nonprofits. Along with its core fleet, the company owns a considerable charter fleet of light jets and mid-size jets.
Atlantic Jet Allies additionally has a new business jet program that permits businesses to lease or buy the entire airplane, rather than only a portion of it. The program is focused on tiny to mid-sized firms and has a preliminary cost of regarding $4 million. The program is backed by a $3 million funding from the united state Department of Agriculture Rural Advancement and will aid the firm expand its business.
Along with its business Atlantic Jet Partners, the company additionally has an aeronautics seeking advice from department that aids businesses plan and implement a flight strategy. Its clients include airline companies, resorts, automobile leasing companies and tourist destinations. In addition, it is a companion in the Jet Card, a travel card for business air travel industry.
The business was founded in 1987 and started its business by purchasing a couple of Citation S/IIs. It later on broadened to other parts of the world. In 1998, it was acquired by the conglomerate Berkshire Hathaway. It was relabelled NetJets, and has actually since become the biggest privately possessed jet fleet worldwide.
Just recently, the firm has been focused on improving its FBOs. For instance, it has just recently opened a brand-new center at Fort Lauderdale Exec Flight Terminal in Florida. The brand-new center is bigger than its previous incurable and consists of four acres of ramp area. It is presently the second-largest FBO facility in the Atlantic Air travel network.
The business has actually additionally built critical collaborations with leading brand names in the high-end travel and way of living markets to promote exclusive air travel as a component of the total travel experience. This strategy has actually enabled it to get to affluent travelers who may not have actually formerly thought about private jet traveling. It has additionally made it possible for the company to differentiate itself from its rivals. Because of this, the firm has been able to generate strong earnings and increase its market share. This has helped the firm remain to expand its returns. Actually, the firm has actually expanded its revenues per share at a yearly price of regarding 8% for the past 5 years.