Atlantic Jet Partners is redefining the light to mid-size organization jet market to fulfill today’s demand for private aviation. We provide a full variety of remedies consisting of airplane sales, fractional possession, monitoring, upkeep and avionics installations– all tailored for you. Due to the fact that private aeronautics is produced you.
The business has a solid visibility in the FBO business with a huge network of flight terminal facilities and services. It gives fuel and fuel-related services, de-icing, airplane car parking, hangar service, ground transport and event catering. It likewise provides ramp room facilities services such as community garages and a 7,000 square foot incurable building. It additionally supplies aircraft upkeep services as well as a trip school.
Its fleet consists of Bombardier Learjet and Cessna Citation XLS airplane, and it has more than 20 permanent workers. Its customers include a wide range of individuals, companies and nonprofits. In addition to its core fleet, the firm has a considerable charter fleet of light jets and mid-size jets.
Atlantic Jet Partners additionally has a brand-new business jet program that enables businesses to rent or purchase the entire plane, rather than only a portion of it. The program is aimed at tiny to mid-sized companies and has a preliminary price of about $4 million. The program is backed by a $3 million finance from the U.S. Division of Farming Rural Development and will certainly help the company expand its service.
Along with its Atlantic Jet Partners program, the firm likewise has an aeronautics consulting department that assists businesses strategy and implement a flight method. Its clients include airlines, hotels, car rental companies and tourism destinations. In addition, it is a partner in the Jet Card, a traveling card for business aviation sector.
The firm was established in 1987 and started its business by acquiring a number of Citation S/IIs. It later increased to other parts of the world. In 1998, it was acquired by the conglomerate Berkshire Hathaway. It was renamed NetJets, and has actually because become the biggest independently had jet fleet in the world.
Lately, the business has actually been concentrated on boosting its FBOs. For example, it has recently opened a brand-new center at Ft Lauderdale Exec Airport Terminal in Florida. The new facility is bigger than its previous terminal and consists of four acres of ramp room. It is presently the second-largest FBO center in the Atlantic Aviation network.
The company has actually additionally forged strategic partnerships with leading brands in the deluxe traveling and way of living markets to advertise exclusive aeronautics as a part of the overall travel experience. This technique has actually allowed it to reach wealthy tourists that could not have actually formerly considered personal jet traveling. It has additionally allowed the firm to distinguish itself from its rivals. Therefore, the firm has actually been able to produce solid profits and boost its market share. This has helped the business continue to grow its returns. Actually, the business has actually grown its revenues per share at an annual rate of concerning 8% for the past 5 years.