Sentient To Split into Two Separate Companies

By Jennifer Harrington

AINalerts >> August 2008
Charter

Sentient Jet Holdings announced yesterday that it will be splitting into two separate companies. Chairman Greg Campbell will retain control of aircraft management and charter operations, technical services and the FBO business, with Jake Cartwright serving as president and CEO of the management and charter division, which will be rebranded. Cartwright previously served as president and CEO of TAG Aviation USA. Macquarie Global Opportunities Partners, a subsidiary of Australian investment firm Macquarie Group, will acquire the jet membership, charter brokerage and fuel management businesses. Former Sentient Jet Holdings CEO Steve Hankin will lead the new Macquarie-owned company, which will retain the Sentient name. Following the split, the two companies will continue to “work together in a number of areas.” Jet members will still have access to charter flights, and the fuel business will provide programs for the management and charter division. The deal is expected to close later this month.

Back

Lights Out for DayJet Thursday 20. of November 2008 Per-seat, on-demand very light jet (VLJ) air-taxi firm DayJet last Friday filed for Chapter 7 bankruptcy (liquidation), just four days after... [more]
Aspen Jetride Ceases Ops, Yields Charter Certificate Tuesday 18. of November 2008 Aspen Jetride, the charter operator that acquired the assets of Aspen Executive Air (AEXJet) after AEXJet filed for bankruptcy protection last... [more]
Ocean Sky Scoops Up Dean Aircraft Interiors Monday 17. of November 2008 UK-based executive charter operator Ocean Sky (Stand No. 632) has acquired Dean Aircraft Interiors for an undisclosed sum. It marks a... [more]
New York Charter Firm Adds S-76 Helo to Fleet Monday 17. of November 2008 ExcelAire of Ronkonkoma, New York, has added a Sikorsky S-76 to its fleet of business jets, which includes several Gulfstream and Cessna... [more]
Fleet of nearly 100 business jets in VistaJet’s grand plan Monday 17. of November 2008 VistaJet (Stand No. 524) has embarked on an ambitious growth plan that could see it operating a fleet of almost 100 business jets by 2012. The... [more]