Corporate jet-card services company Sentient Jet has acquired charter operator Atlantic Aviation Flight Services of Teterboro, N.J., from Voyager Group, a private-equity firm based in Pittsburgh. To AIN’s knowledge, this marks the first acquisition of a charter operator by a fundamentally jet-card company.
Every time it seems that the business aviation industry has nearly exhausted all the market possibilities, something new appears. The latest twist is per-seat scheduled service using business aircraft in executive or shuttle configuration.
Do not fly any more illegal charters.
That is what the FAA, since March 2 last year, has attempted to tell Platinum Jet Management of Fort Lauderdale, Fla. Finally, on June 12, the Department of Transportation issued a consent order in which Platinum Jet agreed to stop flying illegal charters, without admitting that it had broken any laws.
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