Discounting, Debt, Deficits Plague Select Private Jet Programs
The facts about recent troubles impacting some charter and fractional companies.
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The facts about recent troubles impacting some charter and fractional companies.
Analyst thinks post-Covid financial contagion will continue to affect private jet operators.
VistaJet points to record growth and 'prudent' financial policy following reports of financial difficulties.
Kenny Dichter, the founder, chairman and CEO of Wheels Up, is permanently in what he calls “deal mode”. Last week he put forward a bid for Air Partner the charter broker listed on the London Stock Exchange. The offer is not a big surprise. Wheels Up has been in talks with other European brokers and operators for … Continue reading "Wheels Up bidding for Air Partner"
By buying Air Partner, one of the world’s largest charter brokers, Wheels Up gains immediate access to many European business jet flyers – as well as a significant number of American ones. Wheels Up has been in early talks to buy European operators but there are fewer regulatory challenges with buying a broker (many countries … Continue reading "Why Wheels Up is buying Air Partner"