Sentient Flight Group on Tuesday announced organizational changes as part of a refocusing of its long-term business plan. “When Sentient and JetDirect first came together, we established a fully integrated personal air travel company, offering jet cards, charter and complete aircraft management services,” Sentient chairman Greg Campbell said.
Cash-flow problems at Sentient Jet Holdings, parent of charter, management and jet card firm Sentient Flight Group, have led to a leadership change at the company and an influx of funds to help the company catch up on delayed payments to vendors. On July 9, Sentient announced that Gregory Campbell was taking over as CEO and that former CEO Steven Hankin would be moved to an advisory role at the company.
Charter volume is dropping significantly in some markets, according to information provided to AIN by charter industry insiders. Recent increases in the size of the business aviation fleet are contributing to this problem, said William Quinn Jr., chairman of Aviation Management Systems in Portsmouth, N.H.