- May 7, 2008, 9:24 AM
A group of brokers have formed the Air Charter Professionals Association (ACPA) to define a set of standards and a code of ethics for their industry. The announcement follows the recent demise of online charter broker FlightTime.com, which left the scene allegedly owing thousands of dollars to several of its charter customers. With the establishment of the ACPA, “We can provide jet charter businesses a quasi-Good Housekeeping Seal of Approval that assures business travelers, freight shippers and jet charter owner/operators of professional and ethical intermediary services,” said Nate McKelvey, CEO of CharterAuction.com and one of the founding members of ACPA. New members will be required to sign a code of ethics, which include required charter operator payment guidelines.