One year after CitationShares introduced its Vector jet card, the fractional provider has curtailed sales to “not exceed the capacity to fulfill” charter and owner flights. “We have reached the capacity we targeted way earlier than expected,” according to CitationShares president and CEO Steve O’Neill. “We expected a renewal rate of about 35 percent, but about 75 percent of cardholders are renewing.
U.S. Bank Multi Service Aviation has created a co-branded affinity card for Van Nuys, Calif.-based The Air Group, designed to strengthen the charter operator’s brand identity and help identify its customers as members of its fuel program. Under the partnership, the Air Group can use Multi Service Aviation’s closed network of more than 7,000 merchants in 190 countries.
Aircraft management firm The Air Group launched a discount fuel program and a co-branded Visa card available free to its management clients and for a fee to corporate aircraft operators. The Air Group purchases bulk fuel and passes on savings in its new SmartFuel Program. For handling and ramp fees, The Air Group passes on costs without markups.
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