Atlantic Jet Allies is redefining the light to mid-size organization jet market to fulfill today’s demand for personal aviation. We provide a complete variety of remedies including airplane sales, fractional ownership, administration, maintenance and avionics installments– all tailored for you. Due to the fact that personal aviation is created you.
The firm has a strong visibility in the FBO service with a large network of airport facilities and solutions. It gives fuel and fuel-related solutions, de-icing, airplane vehicle parking, hangar leasing, ground transportation and food catering. It additionally supplies ramp room centers solutions such as community hangars and a 7,000 square foot incurable structure. It additionally offers airplane upkeep services along with a flight school.
Its fleet includes Bombardier Learjet and Cessna Citation XLS airplane, and it has greater than 20 full-time staff members. Its consumers include a vast array of people, services and nonprofits. In addition to its core fleet, the firm has a comprehensive charter fleet of light jets and mid-size jets.
Atlantic Jet Partners also has a new company jet program that allows services to lease or buy the whole aircraft, instead of only a fraction of it. The program is aimed at tiny to mid-sized firms and has an initial cost of about $4 million. The program is backed by a $3 million car loan from the U.S. Department of Agriculture Rural Advancement and will certainly aid the company grow its service.
Along with its business jet program, the company additionally has an aeronautics getting in touch with department that aids businesses strategy and execute an air travel strategy. Its clients include airline companies, resorts, auto leasing companies and tourist locations. Furthermore, it is a companion in the Jet Card, a traveling card for the business aeronautics industry.
The company was established in 1987 and started its business by purchasing a couple of Citation S/IIs. It later expanded to other parts of the world. In 1998, it was purchased by the conglomerate Berkshire Hathaway. It was relabelled NetJets, and has considering that ended up being the biggest privately possessed jet fleet on the planet.
Recently, the company has been concentrated on boosting its FBOs. For example, it has recently opened a new facility at Fort Lauderdale Exec Airport in Florida. The new center is bigger than its previous incurable and includes 4 acres of ramp area. It is currently the second-largest FBO center in the Atlantic Air travel network.
The business has likewise created calculated partnerships with top brand names in the high-end travel and way of living industries to promote personal aviation as a part of the general travel experience. This technique has actually permitted it to get to affluent travelers who could not have actually formerly considered exclusive jet travel. It has likewise made it possible for the company to distinguish itself from its competitors. Consequently, the business has actually been able to produce strong earnings and boost its market share. This has assisted the firm continue to grow its returns. Actually, the company has expanded its incomes per share at an annual rate of regarding 8% for the past five years.